Breakfast Deals: Goyder's coin

Wesfarmers' return to shareholders sparks speculation over its growth opportunities, while Hochtief buys more of Leighton Holdings.

Wesfarmers boss Richard Goyder has returned some coin to shareholders, but that won’t stop him talking about the conglomerate’s willingness to buy assets… even with new capital (we're just talkin’ here). Elsewhere, Leighton Holdings’s majority shareholder Hochtief wants a floating minority shareholding to remain, RHG’s cash suitor has a resurgent cash-and-scrip rival and an interesting dynamic emerges between Intrepid Mines, Finders Resources and Taurus Funds.


Whenever a company has big money in the bank, analysts and investors will badger them for one of two things – capital returns or acquisitions. Wesfarmers boss Richard Goyder says the company is capable of both.



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