Wds can use those 2 bil bond proceeds to buy back stock like big...

Wds can use those 2 bil bond proceeds to buy back stock like big 4 Ozzie banks. The yields of bonds priced at 5.2 and 5.7 (10 - 30 yrs) and Wds dividend yield are 8% or more. The stock yield is much higher. The issue of bond is not diluting the shares instead it is cheap vs issuing new shares. Wds raised a capital back 2018 when the stock was 30 something. Higher stock price will attract more traders to long the stock and nothing more than that. The stock price should reflect intrinsic value of the business. But sometimes it is not. The short sellers, armed with esg funds, traded or pushed wds down with the dropping of wti price. The agend is very clear, try to scare off the retail investors and profiting from shorts.