Sometimes what seems a disappointment actually turns out to be a good outcome. Think back about the plan of the Shell share purchase by WPL at more than $40, (using up the franking credits) that was defeated by the narrowest of margins. In hindsight, that was the very best outcome, but close to 75% of shareholders, at the time did not think so.
While WPL may now be locked out of PNG, shareholders may, in time, look back, and say "we dodged a bullet on that one". Only time will tell.
HT1
Locked out of PNG, page-3
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$24.28 |
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Mkt cap ! $46.10B | |||
| Open | High | Low | Value | Volume |
| $24.09 | $24.28 | $23.94 | $96.05M | 3.974M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $24.27 |
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| Price($) | Vol. | No. |
|---|---|---|
| $24.29 | 12209 | 8 |
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