No its not, its called hedging.
And while you may think you know a bit about hedging you clearly don't by comments like this - do you seriously think Woodside gambles on its hedging strategy!
This is just dumb.
Frankly their losses could be multiples of what is indicated & they could show record profits.
Ann: Line-item guidance and other items, page-18
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Last
$28.31 |
Change
0.350(1.25%) |
Mkt cap ! $53.75B | |||
| Open | High | Low | Value | Volume |
| $27.82 | $28.38 | $27.82 | $167.4M | 5.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35 | $28.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.32 | 3974 | 3 |
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| WDS (ASX) Chart |