I think it's important everyone understands what $150 a barrel means for the rest of the economy:
-huge inflationary pressure on almost everything
-less discretionary spending
-pressure for higher interest rates
WDS is a defensive play against the above scenario - but you'll likely feel the pinch in your other investments.
$80 barrel does me nicely long term.
Woodside, page-27
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Last
$25.83 |
Change
-0.080(0.31%) |
Mkt cap ! $49.13B | |||
| Open | High | Low | Value | Volume |
| $25.94 | $25.96 | $25.79 | $30.36M | 1.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4480 | $25.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.83 | 184 | 1 |
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| Last trade - 12.14pm 03/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |