Hello Loosy, thanks. For me it and important in my portfolio aas I own 14,000 shares. I too do not know if is a buy just yet as the P/E is not as good as say AWE. But I take the view that in the long term, oil and gas are better than any other commodity, including gold, because there is no real alternative source of concentrated energy other than nuclear - a destiny for which we are all bound in the next few decades. But in the meantime we are comitted to oil and gas.
YOur comments are appreciated. I was hoping from my post to get some hard facts like value of the total WPL resources divided by the number of shares on issue, discounted at an appropriate rate. Only then can one say WPL is cheap.
Best Regards.
WPL Price at posting:
$46.30 Sentiment: None Disclosure: Held
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