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
$10.82 |
Change
-0.020(0.18%) |
Mkt cap ! $8.779B | |||
| Open | High | Low | Value | Volume |
| $10.91 | $10.92 | $10.71 | $22.78M | 2.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 40947 | $10.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.86 | 9431 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TWE (ASX) Chart |