WEC 0.00% 4.8¢ white energy company limited

cash backing per share, page-2

  1. 616 Posts.
    I won't place too much emphasis about cash backing.
    Investors are expecting management to splash the cash on their salaries and some useless asset in Indonesia anyways. They should all take a pay cut, provided its been half a year since the Tabang drama and still question marks in all their other projects. Don't understand why they are so reluctant to leave that country and pursue their opportunities elsewhere.

    The only reason for holding is to wait for justice. Hopefully we get at least $80-100m in cash back from Bayan and move on.
 
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