I’m accumulating further at current prices. Another 200 today at $31.41, bringing me to 1,900. Influenced partly by Goldman Sachs arguing that the current retreat in oil prices may be temporary. Ok, their conclusions were formed before last night’s unfavorable draw down data. Still, I think Brent would need to fall quite substantially just to bring the WDS share price into equilibrium. Personally, I think Brent is more likely to go up than down over the next 5-10 years, in response to a dearth of new investment and projects, as implied at the recent WDS investor day.
Ann: Investor Briefing Day 2023, page-17
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |