Hi BB,
I have to admit that I am not as bullish as you on WPL's share price.
A countervailing argument is the Shell holding and the fact that they have said they will not sell for anything less than $35/share. This statement by Shell is seen as a bit of a dampener to the shareprice. As soon as the price has a clear breakout, Shell is likely to drop another bundle on the market and so dampen the price back again.
Like you, I would love to see WPL at $50/share. With the overhang of Shell like an albatross around WPL's neck, I just can't see it.
HT1
woodside set to rocket!, page-2
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$24.17 |
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Mkt cap ! $45.81B | |||
| Open | High | Low | Value | Volume |
| $24.18 | $24.23 | $24.12 | $22.80M | 939.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3556 | $24.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.17 | 1014 | 4 |
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