WHC 1.00% $7.91 whitehaven coal limited

Ann: Notification of cessation of securities - WHC, page-9

  1. 7,448 Posts.
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    @polarbear666

    They do have enough franking credits to pay dividends. The problem is they can't pay them for 6 months. So the option is, leave the cash on the balance sheet until the Half year and Full year, or reinvest in the company at a 40% ROE (Through a buyback).

    I have to say though, I do understand your frustration given the recent sell down of directors.
 
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