BHP 1.74% $44.58 bhp group limited

Am I understanding this correctly?Part 1 - SharesA holder owns...

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  1. 289 Posts.
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    Am I understanding this correctly?

    Part 1 - Shares
    A holder owns 1000 BHP shares. With a ratio of 5.543 BHP shares to 1 WPL share, they'll receive 180 WPL shares.

    As their holding of BHP is 1000 shares, they can elect to be part of the Share Sale Facility, where these 180 WPL shares are sold on their behalf and they receive the proceeds.

    Part 2 - Dividend
    The holder also receives a specie dividend of $4.62 USD (around $6.20 AUD) per BHP share.

    Is that right?
 
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