I don't totally disagree with you. But if you look at my signature, it says 'keep it real'
So Pav, lets keep it real.
Under Goyder from 2005 -2017, the share price of WES appreciated by approx. 22% in 12 years. Given that in that period, we had thing called the GFC and during that period, Goyder oversaw the biggest takeover in Australia's corporate history - Coles.
Rob Scott takes over in 2017 and in that time, the share price (ie: your capital) has increased by approximately 71%. Given that in that period, interest rates were at record lows.
Now Pav, this is where your comment intrigues me. If you've been a holder for 25 years as you claim, then you would be sitting on a capital gain on your initial investment of at least 600%. Further to that, your initial investment would be returning a dividend based on the SP at the start of 2005 (not inclusive of 100% franking, special dividends and capital returns) of get this - 26%!! Basically, since your initial investment, Wesfarmers has returned all of your initial invested capital x-times and CONTINUES to pay people like yourself a stable dividend (with 100% franking) that supports many boomers with the luxury of jumping in their 200 series cruisers whilst they tow their luxurious caravans around the country. Now that might not be you, but seriously, take a step back and have a think.
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Price($) | Vol. | No. |
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65.640 | 7567 | 1 |
65.650 | 877 | 2 |
65.660 | 4306 | 1 |
65.670 | 1033 | 1 |
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Last
$65.42 |
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Change
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