They are not really selling them per se. You retain the business via WPL shares. Hold those shares and you’ll reap the rewards. Add in $US400m in synergies via cost savings, it’s a great deal. WPL/BHPB won’t need to fight for capital either for expansions and can self fund anything as a combined entity. I love it.
BHP is just a miner and has hedged itself as purely a miner incase of energy transitions removing a lot of O&G demand.
I have WPL, I’ll get more via my huge BHP holding. I’m happy with this. Albeit the inspecie returns sucks for holdings in my personal name as I’m top tax bracket. Great for SMSF, and fine for company structures as neutral. (Ie franking).
They are not really selling them per se. You retain the business...
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Last
$44.64 |
Change
0.550(1.25%) |
Mkt cap ! $225.6B | |||
| Open | High | Low | Value | Volume |
| $44.70 | $44.70 | $44.41 | $136.0M | 3.051M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2105 | $44.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.64 | 178 | 4 |
View Market Depth
| Last trade - 11.47am 16/05/2024 (20 minute delay) ? |
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Last
$44.60 |
Change
0.550 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $44.66 | $44.70 | $44.41 | 296064 | ||
| Last updated 12.06pm 16/05/2024 ? | |||||
| BHP (ASX) Chart |