And in a Fairfax paper this arvo, Shell's selldown meant that Woodside is "a potential target after these deals, of course. A potential blocking stake is being removed. That fact, as well as the fact that Woodside will now have a bigger Australian market index weighting and the 6 per cent earnings, cash flow and dividend uplift the deal creates should see Woodside's shares rise when they resume trading on Wednesday."
Read more: http://www.smh.com.au/business/mining-and-resources/woodside-a-takeover-target-with-shells-stake-cut-20140617-3aagn.html#ixzz34sOE5442
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---|---|---|
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7 | 22409 | 24.000 |
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3 | 12626 | 23.980 |
6 | 12431 | 23.970 |
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24.030 | 27264 | 6 |
24.040 | 15107 | 5 |
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