WBC 0.44% $32.00 westpac banking corporation

Fast Heading To $25.32, Then Where Will Share Price Fall?, page-10

  1. 7,016 Posts.
    lightbulb Created with Sketch. 52
    Fair enough bruham but of course that average of yours is guesswork, until the SPP is finalised, since you don't know for certain the price of the new shares or the number you'll be allocated for that matter.

    Which brings me to the opening post and the header where I'd point out the WBC sp only needs to average $25.83, or lower during the SPP Plan's 5 day VWAP period, to bring the new shares' price below $25.32; if I've calculated correctly because:
    98% of $25.83 is $25.31.
    Already the sp was briefly down today to within 43c of that $25.83 VWAP trigger price so it's going to need a few good Ann's over the next 3 weeks or some friendly sp support to stay above that $25.83 VWAP.
    Last edited by etherazer: 14/11/19
 
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