It was becoming quite obvious that with current prices and discount range the buy back was going to fail. I did mention in an earlier post that the 14% discount they copied from CBA and WOW was patently unsuited to the high capital component design of their buy back scheme. Even without the price fall it wasn;t a ery attractive buy back, again compared to the roaring success of CBA and WOW buy backs (and Telstra a few years ago). The range for their franking credit availability should always have been a max of 10%. Now all we need is for the price to go back to 25 and it will be an attractive buy back.
Ha.ha, WBC board not that lucky so don't count on it.
It was becoming quite obvious that with current prices and...
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Last
$34.29 |
Change
0.870(2.60%) |
Mkt cap ! $117.3B | |||
| Open | High | Low | Value | Volume |
| $33.63 | $34.48 | $33.56 | $227.3M | 6.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 336 | $34.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.30 | 33432 | 1 |
View Market Depth
| Last trade - 16.13pm 24/06/2025 (20 minute delay) ? |
| WBC (ASX) Chart |