Buybacks are more value accretive than dividends at this multiple.
When the SP was sub $2, morons were trying to make the same argument.
The company has removed 76 million shares at $4.50.
We can now enjoy higher dividends every year for the life of the business. WHC can distribute those franked dividends when the SP is $20.
Buybacks are more value accretive than dividends at this...
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Last
$7.84 |
Change
0.140(1.82%) |
Mkt cap ! $6.558B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.91 | $7.69 | $32.80M | 4.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9995 | $7.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 8800 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$7.87 |
Change
0.140 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| $7.70 | $7.91 | $7.69 | 934157 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WHC (ASX) Chart |