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1,631 Posts.
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22/09/07
15:41
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"WPL
What year was it that Shell wanted to take over Woodside and Costello gave the big NO, and the price per share Shell offered?"
year - April 2001 - see below link for commentary.
http://www.abc.net.au/7.30/content/2001/s281817.htm
dropped 12% it says or $1b, which means it was worth ?$8. T/O was for $10b.
Note the US dollar was only worth 51.95c falling to 50.5 with the announcement!! Now worth 33B(Aust).
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=au%3Awpl&sid=0&o_symb=au%3Awpl&freq=2&time=13
for 10yr chart looks as if the changes in 2001 had hardly any changes despite the tempoary drop.
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