"Could be anything from 1:0.9 to 1:1.4 in the ratio of SGB shares to WBC shares..."
Well it is 1:1.31 SGB:WBC...towards the upper end of my range yesterday.
Don't be surprised thou that NAB might spoil this party.
They step in last time and bought a blocking stake whwn ANZ made a pitch at SGB...maybe NAB might try full t/over.
This values SGB shares at $33.10
To read ann:
St George and Westpac agree key merger terms
Cheers
Muzza
