Hi Anton, happy to discuss.
It may not be the cheapest. It just needs to be cheap enough to make a profit to justify its current price or higher.
But, it is a conventional producer of oil and gas. So, already that places it on the cheaper end of the cost curve than unconventional producers- CSG and shale.
Or did you mean cheap as in the cost of its shares compared to its value/book value etc?
If there is a better buy than WPL on the ASX I would be delighted to hear of it. My wallet is open to such. All ears...
IMHO DYOR
WPL buy, page-750
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Last
$25.78 |
Change
0.215(0.84%) |
Mkt cap ! $49.12B | |||
| Open | High | Low | Value | Volume |
| $25.62 | $25.93 | $25.57 | $34.28M | 1.329M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4151 | $25.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.78 | 1496 | 18 |
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| Last trade - 14.58pm 10/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |