"· Retail shareholders apparently took up 53% of their entitlement offer at A$13.50/share and this also now appears unlikely to be scaled back by WES."
I'm not sure if what they are saying makes sense. The "entitlement" (3/7) part was guaranteed, so there was never a question of that part being scaled back.
Regarding applications for additional shares at $13.50, Wesfarmers never indicated what amount they would accept before deciding to scale back. Since they indicated they expected only 20% take-up of the entitled part, it is possible that they were planning to only offer additional shares to meet any shortfall under 20%. This could mean no additional shares will be issued. This is pure speculation on my behalf. I just don't see why 53% take-up in itself implies no scale back.
- Forums
- ASX - By Stock
- WES
- retail offer take-up
retail offer take-up, page-4
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WES (ASX) to my watchlist
|
|||||
Last
$71.39 |
Change
-1.030(1.42%) |
Mkt cap ! $80.96B |
Open | High | Low | Value | Volume |
$70.60 | $71.73 | $70.59 | $109.4M | 1.540M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1068 | $71.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$71.40 | 1104 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1068 | 71.360 |
1 | 81 | 71.330 |
5 | 6036 | 71.300 |
1 | 1619 | 71.290 |
1 | 352 | 71.270 |
Price($) | Vol. | No. |
---|---|---|
71.400 | 1104 | 1 |
71.510 | 2722 | 1 |
71.630 | 5246 | 2 |
71.700 | 8346 | 2 |
71.710 | 309 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
WES (ASX) Chart |