Hey, I agree with the comments that WESN is the better option too....I have been noticing this for a while and have been considering it...usually only a 50c premium...(2.5%???) thats a fair premium for some insurance yeah?
I think also that as we start approaching the 12-24mth period towards this WESN conversion date, the premium gap will start growing significantly if the share still trades <$30..and as the month close in it will take the fair value.
I hold both my WES and WESN from the coles purchase, and I would like to top up, and probably will do it via the WESN option..
So a question is this...
If on the day before conversion, WES is <$35...lets say for example $30.. then would I be right to think I will get 1.25 WES shares for every WESN. so 25% bonus , or effectively $37.50 worth of WES shares, for every WESN share.
That is pretty good return given it is 2-3 yrs away, and we still get the dividend, and we can get it today at $2x.xx, and if we miss out, cause WES hits $45...then is that also not a good one ?? Doubling our investment (plus dividends) in 2-3 years..
...its a good move in my OPINION (and it is just an OPINION)...do your own homework and make your OWN decision.
- Forums
- ASX - By Stock
- WES
- wes vs wesn
wes vs wesn, page-10
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WES (ASX) to my watchlist
(20min delay)
|
|||||
Last
$70.68 |
Change
-0.310(0.44%) |
Mkt cap ! $80.16B |
Open | High | Low | Value | Volume |
$71.38 | $71.48 | $70.03 | $68.16M | 964.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2680 | $70.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$70.69 | 327 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 70.100 |
1 | 1 | 70.070 |
1 | 70 | 70.040 |
1 | 14 | 70.010 |
16 | 6242 | 70.000 |
Price($) | Vol. | No. |
---|---|---|
70.800 | 125 | 1 |
71.000 | 3630 | 2 |
71.340 | 50 | 1 |
71.380 | 1300 | 2 |
71.400 | 700 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
WES (ASX) Chart |