WTP 0.00% 91.0¢ watpac limited

new lows, page-5

  1. 423 Posts.
    Debt rollover is normal business practice for this sort of company. Can't imagine a quality company will have trouble rolling over 1/4 of their debt, in the normal course of business. Interest rate may be slightly higher, but it's only 1/4 of the debt, not all of it (assuming the rest is fixed - haven't looked in the annual report to check).

    A month or two ago, there was a lot of director buying, on market, so directors have confidence. That's more than I can say for most of my stocks! :-(

    Hold for the long term, I say.
 
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Currently unlisted public company.

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