WES 0.98% $68.60 wesfarmers limited

wesn conversion, page-5

  1. 126 Posts.
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    " interesting read suggests 0.25 shares in wes for every wesn held,
    might be due sometime this year"

    http://media.corporate-ir.net/media_files/IROL/14/144042/WPPSsummarytermsasatJuly2011nochangestoOct2009.pdf

    If the S&P/ASX 200 Industrials Index averages less than 6,500 for the two
    months immediately prior to the Lapse Date, Wesfarmers can extend the
    Lapse Date by 12 months. Wesfarmers can extend the Lapse Date on each
    of the next three anniversaries (for 12 months each time) if the index
    averages below 6,500 for the two month period immediately prior to each
    anniversary so that the Lapse Date can be up to a maximum of eight years
    from the date of issue. For the avoidance of doubt, the S&P/ASX 200
    Industrials Index is ASX Code XNJ.
 
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