Price to Sell Westfield Trust?

At what price should I sell WFD (Westfield Trust)?

 

A: Thanks for the question.

I guess the answer depends on whether you want to own shares in Unibail Rodamco or not.

If you don’t, then you may have missed the best selling (immediately after the announcement – as I said on Mad Money).

Going forward, the WFD shares will largely track the price of Unibail Rodamco, less a small amount.

Under the offer, you will get USD 2.67 plus 0.01844 Unibail Rodamco shares (for each WFD share).

Last night, Unibail closed at 215.35 Euros. At 0.6503, and 0.01844 shares, this means that this component was worth AUD 6.11

The USD 2.67 is worth, at 0.766, AUD 3.49

Today, WFD is trading around $9.35 compared to an indicated offer value of $9.60.

regards


Read Answer