ASX ANNOUNCEMENT4 November 2019
"Under the SPP, each eligible Westpac shareholder being a registered holder of shares at the record date (7.00pm (Sydney time) on 1 November 2019), and shown on the register to have an address in Australia or New Zealand (“Eligible Shareholders”) will have the opportunity to apply for up to $30,000 of new fully paid ordinary shares (“SPP Shares”) without incurring brokerage or transaction costs."
Mind you they are only allocating $500 million to small shareholders.The lions share is to institutions (2 Billion).
So retail investors are very unlikely to get a full allocation and your share holding will be diluted.
ASX ANNOUNCEMENT4 November 2019"Under the SPP, each eligible...
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Last
$26.42 |
Change
0.390(1.50%) |
Mkt cap ! $91.76B | |||
| Open | High | Low | Value | Volume |
| $26.16 | $26.47 | $26.13 | $147.7M | 5.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $26.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.43 | 3000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$26.47 |
Change
0.390 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| $26.20 | $26.47 | $26.14 | 1219996 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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