WTP 0.00% 91.0¢ watpac limited

The best way to play it is have WTP shares & FMG shares, cause...

  1. 296 Posts.
    lightbulb Created with Sketch. 1
    The best way to play it is have WTP shares & FMG shares, cause Watpac get paid to do it, Fortescue just get half the income of BCI to facilitate transport - way better result than owning BCI. Expect to see a lot more news coming out of the west for WTP as more & more resource projects get the go ahead. Look at the history of WTP, they start in a new sector, do a great job (usually below budget & ahead of schedule) & thus secure a great reputation in a small close knit world of high quality clients. With the property write downs behind it, commercial property values heading up, schools program mid way through, a billion dollar order book & now mining service sector firing, the year end result will be a corker. That means big dividend which equates to lots more shares if you elect the DRP. It just doesn't get any better.
 
watchlist Created with Sketch. Add WTP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.