Interesting; so a large pool of "sell" available. And yet, someone wanted to buy $15m, not a small shareholder and, since the price is high, not a rebalancing. Fascinating.
Well yes, most shareholders (by number) are small shareholders.
Yes. But investors decide on (their own) projected PE, not PE. Time will tell. I don't know.
Unfortunately me too, one day I’ll dividend my way out of this hole
I'd look at more TLS sub $3.40 which is easily possible and WDS sub $23. I see MTS as a work in progress and would top up if they approach $2.80.
Bought WDS when thought it was the green alternative to coal
oops. It does pay dividends but like watching the Titanic in slow motion.YesBought WDS when thought it was the green alternative to coal
That's a thought, might hold for longer, don't have a lot.
I originally bought $29s. Glad I did not buy at $36-8. Petroleum products still vital, after all what uniform will the eco-warriors wear if there is no oil? Buying on a dip now should set up for a tidy future dividend, esp. once the inept Goyder is gone.
What about Wesfarmers though? agree with Qantas,
I mean Goyders time at these businesses.
It was reported in AFR he oversaw a time at Qantas where he allowed the CEO behave in a manner as if he had no boundaries. He did not pay heed to his duties and allowed the ceo to sell a huge amount of shares (90% of his holding) whilst the company was under investigation by the ACCC, just 5 weeks after being issued a notice. In his role of Chairman he should not have permitted this and I am surprised there is no breach of behaviour and that the ceo has not been before a court. I've mentioned upthread how Rene Rivkin did gaol time.
I have no time for directors who have tickets on themselves and have the market fooled.
I was wondering about that.
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