It would be very sensible given most of the lending institutions now have lunatic policies around not lending to coal companies. Normally too once a company is debt free it will swing to a higher PE ratio as their is much less debt/financial risk o the discount rate implied in a PE ratio can go lower. Often debt funds carry covenants too that restrict limit / payment of dividends, so once your free of the debt , you can be free of such payout restrictions. Not sure of what covenants are currently attached to WHC's.
Target $4.61, page-4847
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 (20min delay)
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Last
$7.63 |
Change
-0.170(2.18%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.87 | $7.63 | $41.07M | 5.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 38743 | $7.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.65 | 32990 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |