See today's AFR (page 22) for a very comprehensive analysis of the ongoing proposed WDS/STO merger. One consistent theme in this article is the emerging strength and performance of STO (very much undervalued by the author), compared to the inexorable demise of WDS as a former top shelf energy stock. This supports your thesis as STO as the eventual prime stock and management positioning, should the merger occur. WDS retail holders should be concerned as to the role and mismanagement by the Board and senior managment in these interconnected global pressures, and not parading around in the media promoting green woke policies of all those Labor Govts.
WDS Price at posting:
$32.45 Sentiment: None Disclosure: Held
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