WHC 0.28% $7.16 whitehaven coal limited

Dude. The BB is used if they have surplus funds and decide that...

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  1. 5,236 Posts.
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    Dude. The BB is used if they have surplus funds and decide that the best use of funds is to invest in itself. On the basis of our PE ratio this is sound capital allocation. Then BHP popped up and they decided that that is better use of funds. I have no problem with that. The current SP is the average BB price but now a div payout is signifincaly less costly of OUR capital. Calling it a disaster is fear mongering like the extreme climate alarmists. IMO the BB is bang on. Once BHP payment is cleared I hope they BB 10% each year whilst PE is soooo low.
    Last edited by 87 Crash: 27/10/23
 
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