WES 0.36% $71.64 wesfarmers limited

cashed up WES? ASX LNG up for sale, page-3

  1. 1,616 Posts.
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    I wouldn't be surprised if when they do make a move it's in the resources space. I'm a big fan of how they handled the Coles sale as it resulted in them getting a big chunk of capital without doing a raising and because the Coles SP held up really well they didn't have to sell down at a fire sale price. They'll almost certainly sell down their remaining 5 percent stake once the 60 day period expires which will give them another billion to invest. WES are in a great position to take full advantage of this economic climate and I just wish the SP had declined further so I could add to my holding.
 
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