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
$7.92 |
Change
-0.100(1.25%) |
Mkt cap ! $6.625B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.01 | $7.91 | $4.744M | 594.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4019 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.93 | 295198 | 4 |
View Market Depth
| Last trade - 10.47am 30/05/2024 (20 minute delay) ? |
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Last
$7.95 |
Change
-0.100 ( 1.11 %) |
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| Open | High | Low | Volume | ||
| $7.99 | $8.01 | $7.91 | 177723 | ||
| Last updated 11.04am 30/05/2024 ? | |||||
| WHC (ASX) Chart |