I've been waiting for this to get below $14 for a long time, and jumped in a bit early at $13.50 last week. IMO WOR is a quality business; it needs little capex to grow, holds a good position in the market, is diversified and large enough not to become a FGE and converts a pretty much all of its earnings into cash.
It is however cyclical, so takes some guts to buy into at this point in the cycle. However, at $12.66 I think its an awful lot less risky that it was above $20 so I'm pretty happy with my decision to buy! I'll look to add more when the HY results are released in Feb if things are tracking ok. Good luck to all!
I've been waiting for this to get below $14 for a long time, and...
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Last
$14.41 |
Change
-0.160(1.10%) |
Mkt cap ! $7.653B | |||
| Open | High | Low | Value | Volume |
| $14.60 | $14.68 | $14.40 | $21.40M | 1.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3463 | $14.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.48 | 13249 | 4 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| WOR (ASX) Chart |