I didn't think the announcement warranted the size of the sell off.
Used today as an opportunity to average down,even though catching falling knives can be a recipe for disaster.
Another engineering stock,FGE fell from approx $1.50 to a low of 16c during the GFC and has since rallied to $2.50.
WDS is ideally placed from the LNG developments and its coal division continues to perform strongly.
As a long term play in a "hopefully soon" boom sector today provides a very good opportunity for a cheap entry level IMO.
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Last
$24.40 |
Change
0.250(1.04%) |
Mkt cap ! $46.32B | |||
| Open | High | Low | Value | Volume |
| $24.36 | $24.56 | $24.23 | $114.1M | 4.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15858 | $24.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.46 | 30 | 1 |
View Market Depth
| Last trade - 16.13pm 18/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |