WIC westoz investment company limited
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good value but wanted a bigger dividend

  1. dubspec
    1,924 Posts.
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    06/07/12
    15:21
    Post #: 10403476
    Thought that with the cash on hand a 3c dividend is a bit poor.

    I can understand they want to use their cash to buy back shares as the NTA is way above share price but I was still hoping for 5c.

    The shares they are heavy in have all done relaive well of late (ie, RRL, IIN) besides AUT which has been smashed and should rebound.

    No justified reason the share price is at such a discount.
    WIC Price at posting: 93.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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