WSA 0.00% $3.86 western areas limited

what is worseyou take 142 m cash 112M investment away from the...

  1. 265 Posts.
    lightbulb Created with Sketch. 64
    what is worse

    you take 142 m cash 112M investment away from the market cap 1077m

    leaves 823M operational value

    Now one can assume a operating profit of at least 40M for the second half ( if nickel price stays where it is )

    giving a total year profit 58M

    divide 823/58 true p/e 14

    pure highway robbery by wsa board to individual shareholders
 
watchlist Created with Sketch. Add WSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.