Here's a question that I've been scratching my head about. I don't have the legal/financial knowledge of how this works:
It's certain that STX is not going to acquire WGO as they originally intended - the %'s won't allow them to do that.
But, there will still be a significant number of shareholders who will convert their WGO shares to STX.
Now, WGO is still going to remain as a JV with 50% share of WE.
But doesn't that mean the remaining shareholders in WGO will be left with a bigger share, since it's now fewer people for the same 50% cake?
What am I missing here?
Here's a question that I've been scratching my head about. I...
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Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $608.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 20.8¢ | $1.138M | 5.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 1346136 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1955619 | 41 |
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| Last trade - 13.41pm 04/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |