yes, if you don’t take up entitlement via SPP. Shares will fall on Tuesday, maybe down in $26+ region. Will likely settle about $1 more than new issue price, unless market overall tanks.
Each holder has to work out their own position with regard to SPP. I will likely take up full entitlement $30K.
I favour the dividend return and low base of share price to yield growth in the long run.bDYOR
News: WBC Westpac Banking Corp Announces Share Purchase Plan To Raise About $500 Mln, page-14
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Last
$31.24 |
Change
0.160(0.51%) |
Mkt cap ! $107.8B | |||
| Open | High | Low | Value | Volume |
| $31.14 | $31.24 | $31.03 | $275.0M | 8.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $31.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.24 | 5608 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |