What expectations of the final div for Wpl in Feb, 50, 60 or 70c in USD. If merger goes ahead, Wpl’s divident expense will be doubled to include bhp shareholder retrospectively. If no deal, Wpl has to pay bhp 1.2 bil to acquire 26% remaining share of Scarborough. Seems not a lot left for extra div. if any divestment occurs, then higher div or special div are expected. WPL board or Meg’s team seem having different agenda to looking after existing shareholders’ interest rather than chasing scales and transitioning Wpl to green or blue to please ESG. Otherwise, we could assume that Scarborough is not a great project which can’t divest or not able to attract any partners.
What expectations of the final div for Wpl in Feb, 50, 60 or 70c...
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