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
$7.23 |
Change
0.040(0.56%) |
Mkt cap ! $23.48B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.28 | $7.20 | $45.98M | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10011 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 15000 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |