0044 GMT - Woodside's slight miss on 2017 net profit due to higher interest expenses and
tax was overshadowed by a A$2.5 billion equity raising and the acquisition of Exxon's
interest in the Scarborough gas field. RBC says the Australian oil and gas developer is
in no way overpaying for Scarborough gas, but it does have questions over why it is
deepening a portfolio of longer-dated undeveloped resources when moves like a recent buy
into an oil project off Senegal would better balance its portfolio. It remains bearish on
the stock. Shares are halted for the raising. ([email protected]; @RobbMStewart)
(END) Dow Jones Newswires
Woodside Trading Halt - Cap Raise and Acquisition, page-31
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Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 96060 | 2 |
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| Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |