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
$11.02 |
Change
-0.080(0.72%) |
Mkt cap ! $8.941B | |||
| Open | High | Low | Value | Volume |
| $11.03 | $11.16 | $10.96 | $44.01M | 3.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6896 | $11.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.03 | 12584 | 3 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$11.03 |
Change
-0.080 ( 1.46 %) |
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| Open | High | Low | Volume | ||
| $11.02 | $11.16 | $10.96 | 728850 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| TWE (ASX) Chart |