WSI 4.55% 10.5¢ weststar industrial limited

Ann: Appendix 4C - quarterly, page-16

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  1. 2,543 Posts.
    lightbulb Created with Sketch. 180
    Average implies more than just one datapoint. But who cares when you are celebrating, give yourself a big pat on the back.
    March quarter cash receipts were 5.8M with 2.1M banked immediately after quarter end so could have easily been 7.9M and June quarter could have been 15M.
    A bit of a drop in cash receipts to 14M this quarter but still almost 2 times receipts from 6 months ago (including additional 2.1M) and share price the same and expecting to be profitable fy 2020. Agree, fair value until next contract announcement.

 
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