This is my dilemma as well; the underlying commodity has not changed between the $21-$23 share price and the current $16-$17. It can only mean smarter investors than us see LNG and oil falling more and more and more and more. I mean when oil price was NEGATIVE on April 20th, WPL was $20. Then when oil rallied back to $40 (from negative) WPL rose to $23.
Any investor in WPL means you do NOT AGREE with the pundits who say oil and LNG are finished in the world. I said coal was finished years ago when it became clear renewables would become cheaper - and they can replace coal power generation. re LNG... what replaces that. BHP are replacing their tankers diesel engines with LNG engines from next year. Why did BHP not choose a windmill or solar panels for their tankers?
When I read from 'experts' re the future of LNG (the positive future) are they (the LNG industry experts) just wrong? Are they talking their own book. Are 100% of brokers and analysts just wrong? If 'yes', what is the point of reading and consuming any analysts views on any company or commodity.
Personally, I think the market is so, so wrong re WPL. I hope I am correct, and Mr Market is wrong. It will be quite unpleasant for any $20 holder to see $10. Ouch. This $16 is painful enough.... for a profitable, blue chip, nice balance sheet company.
With Donald and Melania having covid, I guess Monday may bring a $15 handle. Then I will buy some (in outright fear, but with greed). At some stage we get to the "better and safer than bank interest" stage. Heck, we are there now!
- Forums
- ASX - By Stock
- WDS
- WPL buy
WPL buy, page-277
-
- There are more pages in this discussion • 1,033 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
|
|||||
Last
$25.84 |
Change
-0.130(0.50%) |
Mkt cap ! $49.06B |
Open | High | Low | Value | Volume |
$25.77 | $25.84 | $25.64 | $102.6M | 3.973M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 899 | $25.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.84 | 17599 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 232 | 25.800 |
1 | 250 | 25.790 |
1 | 968 | 25.780 |
2 | 600 | 25.760 |
20 | 40044 | 25.750 |
Price($) | Vol. | No. |
---|---|---|
25.840 | 17599 | 4 |
25.850 | 500 | 1 |
25.860 | 14548 | 1 |
25.870 | 23696 | 2 |
25.890 | 16548 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online