Dilution from capital raisings? I personally don't see it. The balance sheet may have $1.2bn in debt, but they also have $500m in cash and thanks to Central Banks they can access new lines of credit easier than ever before.
Despite margins likely to fall somewhat - due to increased competition as well as pressure from the cost side - they're still a heavily profitable business with cash cows. The question for me is more about 'how long will this persist' - according to MOFCOM it should be 4 months (potentially 9 but the rules seem unlikely to allow that), but I suspect for geopolitical reasons it will be longer. It won't however be forever...
What is TWE Worth Ex-China?, page-140
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Last
$11.55 |
Change
0.040(0.35%) |
Mkt cap ! $9.363B | |||
| Open | High | Low | Value | Volume |
| $11.53 | $11.60 | $11.52 | $2.939M | 254.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 6743 | $11.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.55 | 8 | 3 |
View Market Depth
| Last trade - 11.12am 28/05/2024 (20 minute delay) ? |
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Last
$11.56 |
Change
0.040 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $11.56 | $11.59 | $11.53 | 84017 | ||
| Last updated 11.31am 28/05/2024 ? | |||||
| TWE (ASX) Chart |