It's fantastic, massive de-leveraging of the company's balance sheet.
It gives them optionality for the growth projects in the pipeline: Narrabri S3 & Winchester South
Aswell as a safety buffer for the first year of ownership of the assets.
All cash flows from BW&D can then be used for the contingent payments & if we're lucky maybe a little bit of early shareholder returns.
Blackwater sell down, page-9
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.78 |
Change
-0.130(1.64%) |
Mkt cap ! $6.542B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.88 | $7.78 | $6.909M | 883.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13140 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.79 | 21352 | 18 |
View Market Depth
| Last trade - 10.58am 24/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |