holy moly a merger with wbc, page-19

"Could be anything from 1:0.9 to 1:1.4 in the ratio of SGB shares to WBC shares..."

Well it is 1:1.31 SGB:WBC...towards the upper end of my range yesterday.

Don't be surprised thou that NAB might spoil this party.

They step in last time and bought a blocking stake whwn ANZ made a pitch at SGB...maybe NAB might try full t/over.

This values SGB shares at $33.10

To read ann:

St George and Westpac agree key merger terms

Cheers
Muzza