All working capital is included in the purchase price. The acquisition price would have been based on a notional level of working capital when the deal was struck. Any over/unders are adjusted for based on actual working capital on the day of the handover. This is the $45M adjustment. This could have been, for example, because receivables or inventory were $45M higher on day 1 than the level assumed when the deal was priced. (or payables were $45M lower, or a combination etc.)
Ann: March 2024 Quarterly Report, page-43
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Last
$7.71 |
Change
-0.010(0.13%) |
Mkt cap ! $6.450B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.71 | $7.58 | $30.15M | 3.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11869 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.71 | 19818 | 4 |
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| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
$7.70 |
Change
-0.010 ( 0.13 %) |
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| Open | High | Low | Volume | ||
| $7.70 | $7.71 | $7.58 | 1077243 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| WHC (ASX) Chart |