- Joined
- 20 July 2021
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do you want diversity or quality ?Bit slack on their gender balance
Always quality.do you want diversity or quality ?
hiring a suitably skilled/qualified can be rather difficult they are in a fair amount of demand
we have had decades of 'jobs for the boys ( and rellies ) ' hopefully business is learning to avoid those traps and decreasing nepotism
oops ! missed the sarcasmAlways quality.
It was a tongue-in-cheek remark.
Why are they reporting aboriginals on their books?
Do they get a subsidy for them? How about others.
BS woke company.
so what is the guts of the question ?I didn't realise WES board were Yes Vote Voice until contacted by another large holder of WES stock today.
It is an interesting question really.
Bud Light redux I hope not.
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Through the subsidiary Wesfarmers Chemical, Energy & Fertilisers (WesCEF), it paid $26m cash plus a 2% royalty to acquire 65% of the rights and will form a JV with OBM.
- Wesfarmers purchases 65% of Ora Banda Mining’s Davyhurst lithium rights in farm-in deal
- Davyhurst is adjacent to Olympio’s Mulwarrie lithium project, which is subject to farm-in agreement with Liontown Resources
It also has the option to spend $15m on exploration over three years to bump that share up to 80%.
so, who's got the skill-set here?
well a bunch of angry farmers can be rather blunt ( unlike those totally intimidated airline passengers )WES has been a cornerstone of my SMSF for many years and is a good solid stock. It is now quite the conglomerate. It is also one of my picks in the 2024 Competition.
Bunnings gives WES the cash. It has also managed over the years to accumulate good businesses and mining enterprises as well. These have not alone added value but now seem to be on the cusp of providing even more dividends to the group. This should come on board this year and next and it is already showing in the price. Originally a WA farming co-operative it had recently, it said due to covid, moved its board and management to Melbourne which seems to not have affected the company.
It does appear to have lived a charmed life having survived, it must be a decade or so ago now, an ill advised move in to the UK. Other than providing the board with an excuse to go shopping at Harrods it seemed not to have been driven by any understanding of the types of pot and fertiliser pommies like to munch upon. WES learnt a lesson.
Much of WES success has been attributed to the wisdom of the Chairman, Richard Goyder. Young Mr. Goyder however has had his under feathers and bits quite severely burnt recently from his board association with QAN and the Leprechaun at QAN of which he remains Chairman for a further year.
WES seems to have had a charmed life bar the UK venture but one does not like to see a dropped ball. Let us hope there is better succession planning in place at WES than was the case at QAN. It is the perfect conglomerate with wisely chosen investments, good governace and management, steady income streams and a steady rise in price. A rise from $57 today this year to $65 will see WES hit its all time highs and is achievable.
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on a mobile phone, that colour scheme is unreadable.
These posts should be in the actual stock threads for the CY 2024 comp @farmerge.Top of the tree company, well run and running strongly. Unfortunately no longer a rural based company, but that's life.
Ah bugga life is a bit ordinary at the moment.These posts should be in the actual stock threads for the CY 2024 comp @farmerge.
not in my childhood , no Cat in the Hat either ,
as we all remember from childhood
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