So WDS have actually said that mergers now have little or no premium. As a SH I would not accept the current price of STO for a merger with WDS.
Posters that have mentioned 3 STO shares for 1 WDS share are now way off the mark. It seems 4 STO shares for 1 WDS would be about the best offer.
Tomorrow's results need to be good to boost the SP.
News: STO Woodside CEO says precedent for M&A in oil and gas sector is for low to no premium, page-2
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Last
$7.50 |
Change
-0.120(1.57%) |
Mkt cap ! $24.35B | |||
| Open | High | Low | Value | Volume |
| $7.60 | $7.60 | $7.50 | $34.19M | 4.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127916 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.51 | 14492 | 2 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |