What will happen to all the money that is extracted from Westfield in 7 weeks. I would think that most of this cash will be re invested into stocks and maybe in the same sector. This might be good for URW CDI's, SCG and others.
Since WFD is in the 1.06% of the ASX200, what happens when it is removed? Will the ASX200 fall 1% or is it just replaced with others? Does the URW CDI get put in it's place and the cash handled like dividends are?
WFD Price at posting:
$8.77 Sentiment: Buy Disclosure: Held
