Eventually, most people will agree with my view that the BB is likely to be a long term failure vs dividends. Even now, everything bought above $8.60 is at a loss and may need $1-2 per share in extra return just to break even.
The BB should only be happening at $5 or less and at higher prices, you return dividends. The returned dividends would get cash off balance sheet and share price would probably get back to $5 where BB make great sense again.
Rinse and repeat until BB justifies $8 due to reduced float of 700m shares on issue.
Target $18.72, page-4059
-
- There are more pages in this discussion • 5,857 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.70 |
Change
-0.090(1.16%) |
Mkt cap ! $6.441B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.80 | $7.57 | $36.83M | 4.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6467 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.72 | 12498 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |