WDS 2.23% $26.64 woodside energy group ltd

The deal is:1. Scrip for scrip (BHP equity in energy gets merged...

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    The deal is:

    1. Scrip for scrip (BHP equity in energy gets merged into WPL equity in energy)

    Based on:

    2. Barrel equivalent for barrel equivalent (adjusted for asset base/intensity)

    Put simply:

    I have 1 share & 1 barrel equivalent as Bco

    You have 1 share & 1 barrel equivalent as Mco

    Together we have:
    BMco, 2 shares on issue, 2 barrel equivalents of energy (Oil/Gas)

    So there is not necessarily any dilution, rather our shares own the exact underlying equivalent of energy.




 
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