I've always known what you have said. Just saying I see no value. Better deployed within the business. Clearly they beleve they cannot earn more than 5% on the money used to buy back shares. Reality is that makes no immediate difference nor longer term in my view. It's all correct theory. Give me a dividend any day. Franking credit partly off-set tax payable. Nothing event really. 30 cents in the dollar is taxed. Earn between0135 and 190k is 39c tax inc medicare levy)
WHC Price at posting:
$5.59 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)