Simply staggering
Remember, for 21/22 we only averaged US$239 and we are now averaging over US$400.
In 21/22 we repaid $800,000,000 in debt AND bought back shares of $350,000,000. At the same time we paid a 48c dividend. This was on a net profit after tax of $2bn.
So, in 21/23, we could buy back say, $650m in shares and still pay a $1 dividend.
And that is with a NP of $2bn at US$239.
Think mutiples of that at a coal price at plus US$400.
Target $9.36, page-2525
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 (20min delay)
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Last
$7.87 |
Change
-0.155(1.93%) |
Mkt cap ! $6.625B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.01 | $7.83 | $14.11M | 1.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3094 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.87 | 19531 | 16 |
View Market Depth
| Last trade - 12.35pm 30/05/2024 (20 minute delay) ? |
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Last
$7.87 |
Change
-0.155 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| $7.99 | $8.01 | $7.83 | 965234 | ||
| Last updated 12.54pm 30/05/2024 ? | |||||
| WHC (ASX) Chart |