There's no way they would go further into debt to fund the purchase. They are already in way too much - that's why it dropped to $3 a year or more ago. The purchase makes complete sense, they got it for a reasonable price, and they raised capital at the right time. If anything I think he should have raised extra to pay down some existing debt while the share price is artificially inflated by Dar. I don't think much of Andrew Wood and the way he's damaged the company in recent years, but at least he's got this one right.
Ann: Investor Day 2017 presentation, page-88
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
