Charlie Aitken from Sthn Cross Equities writes a long glowing report of WES prospects and predicts reratings from its coal business siting current coal takeover bids around the world would translate to adding $8 per share to WES if their coal business was seperately valued.
Continued growth in Bunnings - resilient in the face of the housing downturn.
He has very strong faith for managment to turn Coles around as they did to BBC Hardware and Howard Smith TOs (and that they will be successful in their TO bid for coles).
He reckons WES has been out of favour, unfashionable, and due for a rerating to $60 before too long.
I say bring it on. All of it.
Cheers, Colster.
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Last
$65.50 |
Change
0.120(0.18%) |
Mkt cap ! $74.64B |
Open | High | Low | Value | Volume |
$65.59 | $65.84 | $65.39 | $11.80M | 180.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19 | $65.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$65.52 | 121 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 91 | 65.540 |
3 | 115 | 65.530 |
4 | 646 | 65.520 |
4 | 470 | 65.510 |
3 | 467 | 65.500 |
Price($) | Vol. | No. |
---|---|---|
65.560 | 319 | 6 |
65.570 | 319 | 6 |
65.580 | 581 | 5 |
65.590 | 536 | 4 |
65.600 | 708 | 9 |
Last trade - 11.37am 04/06/2024 (20 minute delay) ? |
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Last
$65.48 |
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Change
0.120 ( 0.31 %) |
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Open | High | Low | Volume | ||
$65.46 | $65.83 | $65.39 | 17322 | ||
Last updated 11.58am 04/06/2024 ? |
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WES (ASX) Chart |