WES 0.62% $71.00 wesfarmers limited

retail offer take-up

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    Article in the Australian says take-up around 60% which is unsurprising given the discount relative to share price. It is however a lot higher than the original predictions of 15 to 25 %.

    WESFARMERS is expected to report strong retail support for its recent capital raising with some 60 per cent of shareholders supporting the $13.50 a share rights issue.
 
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