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Interesting, mine are not showing yet in ii, but I guess they are having to do it manually and so it will take some time. If they don't show on Monday I'll query it with them.
Yes, I'm with ii, and now showing in the account. The number of Woodside shares (expected number of shares correct) but no value to the shares. I'm sure this will come in the next few days.
Panic over, just need to let the process (whatever it is) kick in.
Happy days.
I’m with ii. Woodside now showing in my account. Shares quantity is showing, but no values as not trading yet. Assuming that will change on 6th June.
Just got letter from HSBC - it looks like they will be crediting my account with cash to account for assets merged with Woodside . They state the fact that Woodside are on the ASX.
They appear to ignore the fact or not know that Woodside will be quoted on the London exchange next week.
New shares on LSE June 6th according to the RNS
Quote from todays RNS :-
BHP has paid the in specie dividend and distributed Woodside shares today in line with the details described in BHP's announcement on 20 May 2022. As a result, BHP has now distributed Woodside shares to eligible BHP shareholders.
I'm with ii too. No sign of Woodside shares yet. Having said that, it often shows up sometime in the afternoon.
I'm keeping a watchful eye on this issue, as ii do not have a good track record with BHP, since they demerged from the FTSE100. For example, they don't automatically re invest the dividend any more.
BHP shareholders received one newly issued Woodside share for every 5.5 BHP shares
Halifax share dealing - nothing
Today's RNS says mid-June so not expecting anything today myself...
Anyone seen these shares appear in their account yet? I am with ii and they are normally quite quick but as they are AUS shares maybe it will take a few days to sort out and be credited to individual accounts. They don't seem to be listed in London yet either, which it was rumoured they would be but maybe I am looking in the wrong place.
So, big day tomorrow, we all get Woodside shares.
I'm unsure to accept or not, any thoughts on the matter? If not accept, it's a sell.....
Interestingly BHP's neighbour is UK listed UFO Alien Metals.
BHP boarder the south of UFO's Hanc0ck project and also prospects BHP15, BHP19 and BHP20 boarder UFO's Brockman tenement.
UFO's Iron Ore tenements were originally picked up in a ballot. In Australia when more than one company applies for a licence it goes to ballot. BHP, RIO and FMG had all put their name in the hat at the time of the ballot and UFO won.
They were just featured in the Daily Mail's Stock Watch explaining how valuable "Direct Shipping Ore" is:
https://twitter.com/MaxUFO8/status/1530568797043798017
BHP (Mkt Cap £126.9 billion) and UFO (Mkt Cap £30m) should do great during the commodities supercycle.
I got board watching the price, and bought another 272 this morning. This is against what i’m saying to myself, but it’s profits from elsewhere, so now have 772 now.
What is everyone else’s weighting in commodities?
Miners / Oilies sits at 15%
Funds 20%
IT 5%
Consumer Goods 20%
Healthcare / Biotechnology 20%
Real Estate 10%
Financials 10%
since Feb, my portfolio has grown 19.4% against the ftse.
@Schwee, i've been trying to untangle the tax impact of the dividend and I agree with your analysis. I'll declare "income" equal to the market value of the shares at the end of the distribution date, and I'll then continue as if I had purchased the Woodside shares for the same amount of money. That way, HMRC gets its due and I think everyone's happy. I have recently been batting with the details of a return-of-capital event for Aviva, and I must say the dividend-based approach is a lot simpler, even if the tax tends to be a bit more punitive.
Possibly a stupid question : what's the "NHI surcharge" ?
these Woodside shares carry a 6% dividend that’s the catch.
Does anyone know what contribution to overall profit the BHP petroleum business side made last full year?
So if you have to wait up to 12 weeks for the proceeds if they sell them for you then its better to just take the shares and sell them yourself!
Thanks for the info driftking27.
it in link. it was yesterday. ex dividend was 25th May which is today. #excludes dividend
What was the cut off date for holding BHP shares to become eligible for Woodside shares please?
I believe it's today.
New shares issued on 1st June
the answers are in the link i sent.
It has FX exchange date of stock transfers and dates when you will receive shares
Do we know what the value of the Woodside share divi will be in GBP? On the Australian market they are 30 dollars or about £15 each, but we are waiting for a new LSE listing for Woodside aren't we?
Here is it detailed for you
https://www.bhp.com/about/our-businesses/woodside-bhp-merger
On the matter of Sp going back to 2600-2700p. It was at that price due to people buying more in BHP Ltd.
The SP will rise in time as we all know miners do invariably outperform over a longer timeframe against the index’s.
Part of the Bhp business was separated and merged with Woodside and we have al been given an entitlement to Woodside shares , and thus SP is reduced by the assets size sale.
GLA.
on a different note, iv just had a browse at my portfolio versus index’s since February 2022. Mine is actually up 18.2% versus the FTSE 5.75% approx since Feb.
Bit confused by this in specie dividend....I see BHP price went down by £3 or so as shares went ex div. I presume Woodside shares will show in my Barclays ISA next week? Should I expect my BHP shares to bounce back by this notional £3 or so next week also when dividend is 'paid' or am I being too greedy?