WSA western areas limited
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what is worseyou take 142 m cash 112M investment away from the...

  1. BOZENA
    265 Posts.
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    22/02/22
    20:15
    Post #: 59743438
    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
    WSA Price at posting: $3.35 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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