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
$27.26 |
Change
-0.280(1.02%) |
Mkt cap ! $51.75B | |||
| Open | High | Low | Value | Volume |
| $27.51 | $27.59 | $27.23 | $86.52M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18025 | $27.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.29 | 2418 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$27.28 |
Change
-0.280 ( 1.09 %) |
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| Open | High | Low | Volume | ||
| $27.52 | $27.59 | $27.23 | 469568 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WDS (ASX) Chart |