WBC 1.86% $30.14 westpac banking corporation

share release, page-30

  1. 238 Posts.
    looking very lean on the SPP at the moment, 2% poss gain. Scaleback could also be quite severe if the SP runs a little and all eligible take up, so it makes the sell and buy back through SPP risky for any decent parcel. Money also likely to be tied up not earnng interest waiting for scaleback refunds.

    If the price does dip below $16, far simpler just to buy on market. Not at all excited by this SPP.
 
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