I agree that the GFC was a big factor; however, that is part of business life. I spend a lot of tie reading crappy small cap companies annual reports hoping to find a gold mine somewhere. All the distressed ones like to say we didnt know the GFC eas going to occur, which I think is rubbish. Just a good excuse for them.
It is a testament to WES that the GFC really hasnt hurt them too much except maybe paying too much for Coles at the time and having to raise capital at a discount to the companies long term value.
That said, if they turn the ship around as I think they will then yes it will be a company maker (again) as was their move into fertilisers in the 80s and Bunnings in the 90s.
the turnaround we had to have, page-4
-
- There are more pages in this discussion • 4 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 WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$68.57 |
Change
1.290(1.92%) |
Mkt cap ! $77.77B | |||
| Open | High | Low | Value | Volume |
| $67.60 | $68.88 | $67.51 | $107.7M | 1.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11951 | $68.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.60 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WES (ASX) Chart |