It is FIRB and the treasurer that would make such a decision. Any offer for WDS should be rejected . WDS is a successful Australian company that pays a lot of tax. I remember back when Shell tried to take WDS over for $14. It was rightfully rejected by Costello/FIRB. At the time WDS was priced at approx $10 , however, international analysts had it valued at close to $30. Most Australian analysts don’t have a clue how to value WDS and are too lazy to run complex models . Recently Brookfield tried to get Origin on the cheap at around $9 and it is now over $10. Thankfully a major shareholder rejected the offer (Australian Super). WDS looks to have a sustainable cash flow and given the mountains of cash coming in from production and asset sales ,…increasing dividends .
It is FIRB and the treasurer that would make such a decision....
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Last
$26.94 |
Change
0.070(0.26%) |
Mkt cap ! $51.15B | |||
| Open | High | Low | Value | Volume |
| $27.06 | $27.17 | $26.93 | $118.0M | 4.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $26.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.96 | 1647 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |