Worth remembering WLD are also a party in the live export ban class action so potential for further cash from that in due course.
Very happy with management and these results. Great to hear John Klepec on the ABC say that the work was not near completed and he accepted the returns on equity and shipping assets were nowhere near acceptable for shareholders.
While praise for management is warranted a huge amount of praise must also go to middle management and shipping crew. Our mortality rates are world leading and as indicated in the Annual report we are the charterer of choice both in Australia, New Zealand and South America. This is down to the hard work of the crews who must be remembered have had to stay on ships for hugely extended periods and trips in these covid times as unable to disembark.
Roll on 20/21.
WLD Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
