WBC 2.32% $31.51 westpac banking corporation

spp placement, page-21

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    Michael2008
    VWAP has NOTHING to do with closing SP....that is for Margin Calls etc

    VWAP

    (1) Volume for each day of the SPP period and attached SP
    (2) These are multiplied together
    (3) Divide by the Volume


    Example

    Day 1
    Volume SP VWAP

    5000 $15.50 $15.42
    400 $15.40
    1000 $15.00

    and this repeated for each day of The SPP
 
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