WTP watpac limited
Add to My Watchlist 0.00% ! 91.0¢

Last time WTP was 94c was over a year ago, back in sept 2014....

  1. hotcongo
    3,997 Posts.
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    28/10/15
    14:20
    Post #: 16273184
    Last time WTP was 94c was over a year ago, back in sept 2014.

    The share buy-back still has ages to go, which provides a nice support for the price.

    Hard to value WTP: the NTA is $1.29 I think. The share price is about the same as their cash backing.

    Their major shareholder, a major overseas construction company, owns more than 19.9% on creep provisions. Why don't they just take WTP over for a nice premium? i won't complain.
    WTP Price at posting: 94.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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