WHC
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1.74% $7.91 whitehaven coal limited

Even better than you say. The math is actually 929.7/(929.7-160)...

  1. UltimateSin
    5 Posts.
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    10/03/23
    16:07
    Post #: 66702505
    Even better than you say. The math is actually 929.7/(929.7-160) = ~20.8%.

    =)

    Take an extreme example, you own 100 shares out of a 1,000 share company (you owned 10% of the company here). They buyback 50% or 500 shares, you now own 100 out of 500 shares or 20% of the company 1000/(1000-500) = 100% increase in ownership so in this case 10% to 20%.
    WHC Price at posting: $7.13 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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$7.91 		Change
0.135(1.74%) 		Mkt cap ! $6.483B
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$7.82 $7.95 $7.74 $17.78M 2.262M

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$7.91 8960 28
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