Alert to the WDS and CEO cheer squad, just some constructive comments re the recent sp performance of WDS and the CEO/MD. As we speak (approximately 1126 AEDT) the WDS sp is down intraday by $1.10 or more than 3% to $34.90, three consecutive days of significant price declines. Is the market derating WDS following the two recent announcements (ie the half year results in August 2022 and the Investor Update and outlook statement just very recently). In both cases, the market was not impressed by the CEO and the contents, due a market consensus miss and the outlook did not justify the sp run up. Not sure about the next full year results in February 2023?, and the AUD$2 final dividend touted by several posters. Perhaps the full year dividend ie combined for both announcements, will be AUD$2. depending on the AUD/USD at the time. As for those sky high sp valuations posted by several members, don't hold your breath waiting for those, the much forecast of $40 is a long way off, and yet to be traded at these levels. Just my thoughts on WDS, still struggling as a base commodity stock.
WDS Price at posting:
$34.87 Sentiment: None Disclosure: Held
(20min delay)