"BHP won’t make any money from the sale".
Are you really saying that WPL shares are worthless? My argument was that they sell down WPL and use the money elsewhere. Otherwise, why merge the petro company? In fact, they must figure that it is more profitable to merge and take shares in WPL than sell with a cash deal, or they would not have merged.
News: BHP BHP Group Announces Agreement To Pursue A Merger Of Petroleum Business With Woodside, page-13
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Last
$43.40 |
Change
-0.160(0.37%) |
Mkt cap ! $220.1B | |||
| Open | High | Low | Value | Volume |
| $43.11 | $43.56 | $43.09 | $248.4M | 5.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5716 | $43.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.41 | 4801 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |