It wasn't an increase. That was a separate buy back. That one concluded at the end of September (if I remember correctly).
if the share price actually dropped to $4 that would give WHC a market cap of $3.6b. it's cash on hand as at September 30 was $2b and it's cash is probably now about $2.6b. WHC is generating about $1.5b in revenue each quarter. A drop to $4/5 is just inconceivable. There is too much value. A drop to $8 is the worst I can see at the moment. The upside potential is far more likely than further downside.
It wasn't an increase. That was a separate buy back. That one...
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Last
$7.63 |
Change
0.010(0.13%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.49 | $7.65 | $7.43 | $26.82M | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30420 | $7.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 32900 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |