Not at all !
First, I would be most surprised if Westpac did not put through all the SPP subscribers at the final pricing.
Second, a lot of case law on individuals subscribing to a "bargain" at the time of entry into the deal but due to subsequent events especially by the intervention or action of a third party (novus actus interveniens etc ....) the 'bargain' they thought they had did not turn out to be as anticipated ...
But, the first named option open to Westpac would clearly be the most seamless .... and uncontroversial.
WBC price target $41, page-42
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Last
$33.16 |
Change
0.130(0.39%) |
Mkt cap ! $114.3B | |||
| Open | High | Low | Value | Volume |
| $33.11 | $33.23 | $32.94 | $159.2M | 4.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12004 | $33.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.20 | 23789 | 11 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| WBC (ASX) Chart |