What would you do if your company was printing it's own weight in under a year and there were no ready projects to start or buy?
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I would long term prefer to kick off a new mine like Winchester... however... I'm still happy that the massive volumes of cash are being pumped back into the share price, especially since there are no real franking credits to speak of. Come September, the franking situation will have changed and we'll see what transpires.
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All in all... IMHO, its not fair to compare with Apple growing on a PE of 50 and WHC growing on a PE of ~2 right now. Maybe WHC will achieve a PE of 50 and there are some 25 bags from here... or, at least, that what I could extrapolate with some sorta corporate animal logic.
What would you do if your company was printing it's own weight...
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Last
$7.25 |
Change
-0.020(0.28%) |
Mkt cap ! $6.065B | |||
| Open | High | Low | Value | Volume |
| $7.24 | $7.33 | $7.10 | $36.97M | 5.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4799 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 740 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |