hi Yogi
As usually happens "forces" tend to push down the taget's share price prior to a takeover so the premium looks more attractive.... in Woodside's case $15 will easily be achieved as its assetts are now confirmed (and better) and its cash position is excellent (with a another special dividend soon to be announced.)
WPL has an interim drop in earnings for 2003 but this is more than compensated for expected earnings rises in 2004/05/06.
Also the nett weighted average of Woodside share price since Shell's bid is $13.20.... that's what matters.cheers.
hi YogiAs usually happens "forces" tend to push down the taget's...
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Last
$28.31 |
Change
0.000(0.00%) |
Mkt cap ! $53.75B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $28.38 | $27.82 | $9.45K | 300 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3177 | $31.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.00 | 804 | 1 |
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