The only sensible way to accept the buyback offer is to tender at FINAL price tender, and don’t muck around with trying to get what the discount will be
I held off deciding until yesterday and submitted all shares in SMSF pension mode for sale, my judgement is that discount on SP will be low or zero because of the likely low acceptance rate and scale back will be minimal, maybe 25%
Might be wrong, but having shares in tax free super the franking credit refund gives me a selling price of up to $25. And the opportunity to buyback on market (started already) to replace sold shares with no washing complications. But get your own financial and accounting advice on that one
GLTAH
WBC Price at posting:
$21.85 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)