That was very expensive insurance . I disagree with the need for a company the size of WDS to hedge at all. The consensus amongst leading international analysts was was that oil prices were going to rise.
I am pretty sure that none of the majors do any hedging . I suspect WDS might reconsider their policy .
Ann: Fourth Quarter 2022 Report, page-20
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Last
$24.07 |
Change
-0.180(0.74%) |
Mkt cap ! $45.70B | |||
| Open | High | Low | Value | Volume |
| $24.27 | $24.29 | $24.07 | $110.5M | 4.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5905 | $24.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.10 | 10733 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |