BHP or RIO are the only companies that are Australian enough to be allowed a takeover. Simplistically it looks as though Shell is making a gift to BHP.
Can't be as simple as that.
Shell will probably still be entitled to two directors with 24% of WPL and they still own 1/6 of the NWS project don't they?.
shell sells wpl, page-13
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Last
$29.21 |
Change
-0.310(1.05%) |
Mkt cap ! $55.46B | |||
| Open | High | Low | Value | Volume |
| $29.14 | $29.32 | $29.05 | $121.9M | 4.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5709 | $29.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.21 | 14331 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |