oh, I thought the topic was what whc would do with our spare cash, whether to do buy back, pay dividend or acquire other businesses. I post wasn't meant to mean they do it now. It's more when they build up cash such as during covid when we had over $2bill of cash. By 2027, we would have fully paid down the US$1.1 billion payment to BHP, and with the US$1.05billl sell down assuming still in tact, we would be debt free. From which point forward we will be generating a lot of cash flows. This is when I am thinking we seriously start thinking of buying other businesses. I don't buy in the idea that management only know about coal, it's true but any business we buy will already have a management team in place to run the business, that's how Westfarmers, Berkshire Hathaway, and SOL does it. Just a thought.
WHC Price at posting:
$5.54 Sentiment: Buy Disclosure: Held
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