For my money, WES has very recent history of cutting and running from a large and expensive problem (uk bunnings) due to, IMO, lack of planning and understanding of the market. And this is in an industry where they have had great experience and success.
I can see them possibly, if they do takeover, setting up c&l in Aus, concentrating on the fertilizer business due to experience in this area, writing off Malaysia as too hard, and shipping the ore to china as a profitable by product.
WES has no obligation to Japan, something I'm sure Japan is well aware of.
For my money, WES has very recent history of cutting and running...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |