I dont believe the games over yet... BHP may have control...but they will not get the 100% untill they cough up for the larger hedge funds that will hang on...why else would you have buyers at $7.85!!!
It may look like a win for BHP now... but whilst more than 10% is held they cant go to compulsory aquisition and they cant move the balance sheet across... a big problem in the future... unless of course they offer a better price in the future!!
If WMC drops at the end of this because its closed and BHP doesnt have 90% ....I'll definitely be buying!!!
Still Holding 75K WMR
for those interested in wmc resources or bhp, page-3
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Last
$42.74 |
Change
-0.060(0.14%) |
Mkt cap ! $216.7B | |||
| Open | High | Low | Value | Volume |
| $42.77 | $42.89 | $42.61 | $275.3M | 6.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 129236 | $42.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.75 | 3950 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |