$7 million is chump change for WHC. They are spending that every day in their current share buyback. This investment is not really material for them and does not fit with their stated Capital Allocation Strategy, so is a curiosity. Below is from their last FY reports.
Ann: Top 20 Holders, page-16
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Last
58.0¢ |
Change
0.040(7.41%) |
Mkt cap ! $89.43M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 54.0¢ | $82.75K | 148.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24711 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 1180 | 1 |
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| VHM (ASX) Chart |