Maybe the board got the message on how unhappy shareholders are, that could lead them to being more generous on this dividend which there is cash available for. So a 30c dividend would be positive then a month or so later drop in a sell down of equity on the Met Coal acquisition by 20% as alluded to in the report will significantly derisk the whole transaction and lead Mr Market to start counting much higher dividends sooner rather than later. Could drive positive sentiment into the SP. After that the transaction goes through and we start to see what the new P&L will shape up to be longer term.
Maybe the board got the message on how unhappy shareholders are,...
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Last
$5.93 |
Change
0.170(2.95%) |
Mkt cap ! $4.818B | |||
| Open | High | Low | Value | Volume |
| $6.01 | $6.05 | $5.92 | $9.161M | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1012 | $5.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.94 | 12656 | 18 |
View Market Depth
| Last trade - 10.16am 13/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |