Hi Anton, happy to discuss.
It may not be the cheapest. It just needs to be cheap enough to make a profit to justify its current price or higher.
But, it is a conventional producer of oil and gas. So, already that places it on the cheaper end of the cost curve than unconventional producers- CSG and shale.
Or did you mean cheap as in the cost of its shares compared to its value/book value etc?
If there is a better buy than WPL on the ASX I would be delighted to hear of it. My wallet is open to such. All ears...
IMHO DYOR
WPL buy, page-750
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$23.69 |
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Mkt cap ! $44.98B | |||
| Open | High | Low | Value | Volume |
| $23.60 | $23.69 | $23.46 | $117.5M | 4.984M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11417 | $23.68 |
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| Price($) | Vol. | No. |
|---|---|---|
| $23.69 | 12377 | 2 |
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