WES 0.25% $72.42 wesfarmers limited

I reckon they will make a rights issue of 1 for 3 @ $30 per...

  1. 298 Posts.
    I reckon they will make a rights issue of 1 for 3 @ $30 per share.

    that should get them close to the $4 billion they need

    the shares will drop about 20% and the original shareholders will suffer considerable dilution of value on their original stakes, though
 
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