HOT DOG,
A pleasure. I think the other issue relevant to debt is the WES Divident Reinvestment Plan:
1) Historically, WES turns it on or off depending on whether their gearing moves above or below their 45-70% target range.
2) When the DRP is operating, the takeup rate by traditional (pre-Coles) holders is very high.
3) Aside from the DRP takeup rate, on occasion they've gotten the DRP underwritten to assure they get a big cash injection.
One more reason that I don't foresee the WES cupboard running bare!
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$74.63 |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 336 | 74.470 |
1 | 336 | 74.420 |
1 | 336 | 74.370 |
1 | 337 | 74.220 |
1 | 8 | 74.060 |
Price($) | Vol. | No. |
---|---|---|
74.790 | 100 | 1 |
74.830 | 175 | 1 |
75.000 | 777 | 3 |
75.150 | 400 | 1 |
75.200 | 67 | 1 |
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