The issue for me with this deal is that it is exclusive, and it just seems a little unfair. While I agree with Madrum that the Shell overhang has been an issue, the fact that shell sold 9.5% to institutions (twice now) indicates that an orderly sell down could have been done without using WPL's franking credits to give a really good tax break to Shell and no other.
I am disappointed.
HT1
Ann: Trading Halt, page-37
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Last
$26.91 |
Change
-0.235(0.87%) |
Mkt cap ! $50.73B | |||
| Open | High | Low | Value | Volume |
| $26.90 | $26.98 | $26.70 | $70.76M | 2.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5370 | $26.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.91 | 96 | 4 |
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| Last trade - 15.50pm 30/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |