Recent content by coolacoola

So presuming that December 1 is the date, the stock would likely come under some pressure after this. Or have what we been seen happening in the last week continue right up until then?

Anyone know when the new WBC shares will be given to St George holders to trade, thus increasing the volume on the ASX?

I believe several factors are at play. When Westpac merge with St George they will be giving out shares, thus more supply of shares, likely to drive the SP down. Remember 1.31 for every St George share. Also possible exposures to other companies might be a factor. Also capital raising to a...

After the market closed, they released a statement stating that they have a 200m exposure to Allco. Depending on the way the dow performs tonight, the stock could face some pressure tomorrow. Then again i may be wrong if the Dow rallies 500 points. Interesting times...

Hi How about Westpac/St George. St George looks preety good with the results they have released, anyone caring to predict how westpac's price will go after they give the 1.31 shares for every St George one? Thanks

Hi My question is in regards to companies buying othercompanies though share offers. For example Westpacs 1.31 share takeover for St George and BHP's 3.4 for Rio. What does this usually do to the company that makes the takeover (e.g. westpac) on the day they give out those shares (if this...

SPI futures is only 37 points lower, its very weird how the all ords is working at the moment,i do notice though that rallies sometimes occur on monday, hope BHP matches what it did on the FTSE

Hey MR T I saw someone calculate it as CLose of US price is 31.06 U.S. dollars = 50.1129397 Australian dollars Then they divided this by 2, which gives 25.05 This sound right?? Thanks

Ftse for BHP up 5.5%. Anyone know why it rose so much on FTSE? BHP on US index was down about 0.89%? So whos willing to point out where they think it will open on Monday,