WTP 0.00% 91.0¢ watpac limited

Last time WTP was 94c was over a year ago, back in sept 2014....

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  1. 1,269 Posts.
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    Last time WTP was 94c was over a year ago, back in sept 2014.

    The share buy-back still has ages to go, which provides a nice support for the price.

    Hard to value WTP: the NTA is $1.29 I think. The share price is about the same as their cash backing.

    Their major shareholder, a major overseas construction company, owns more than 19.9% on creep provisions. Why don't they just take WTP over for a nice premium? i won't complain.
 
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Currently unlisted public company.

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