WTP 0.00% 91.0¢ watpac limited

More cash than debt, the company is flush with cash so I think a...

  1. dct
    2,764 Posts.
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    More cash than debt, the company is flush with cash so I think a buy back will be announced leading up to the AGM.

    The major shareholder must be seriously looking at a takeover offer. This business is all about profit margins and competition, most business is but particularly construction.

    The cycle is at bottom, buy time but only buy companies with a strong balance sheet and competent management.
 
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Currently unlisted public company.

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