agree with your thoughts pslally. Cost + at this stage of the cycle is a good model, and overheads are coming down, so fixed costs unwinding. Management are being very proactive in streamlining.
The only part I am not hugely happy with is the fact that management came out and advised they are talking to investment banks for advice to protect themselves from a takeover attempt. To me, that is protecting their own interests. As a public company they should be looking after the interests of shareholders, and if a takeover offers value it should be assessed. Removing the takeover premium from a company at this stage of the cycle only acts to depress the stock price further.
agree with your thoughts pslally. Cost + at this stage of the...
Add WOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
