WFD westfield corporation
Add to My Watchlist 0.96% ! $8.92

1 OMN share for every 20 WFD shares. If I'm not mistaken,...

  1. Nomadic_Investor
    1,287 Posts.
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    13/04/18
    14:58
    Post #: 32440582
    1 OMN share for every 20 WFD shares.

    If I'm not mistaken, there's around 2bn shares in WFD, so let's say 100m shares in OMN.

    OMN will be funded with $160m cash, so shouldn't we expect the share price to be a bit higher? Or am I misunderstanding the way the distribution is being done?

    edit - was typing as @formuso  beat me to it!
    Last edited by Nomadic_Investor: 13/04/18
    WFD Price at posting: $8.70 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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