1 July 24 - AFIC, a $9 billion conservative LIC investment company and the oldest on the ASX, give their recent take on Woodside:
"Insights from AFIC’s shareholder evening: The Australian Financial Review’s, James Thompson, uncovers how Australia’s biggest and oldest LIC is staying patient and hunting for value.
We (AFIC) view the energy sector favourably despite its underperformance over the last 12 months. With new projects being harder to commission, the supplier response is more constrained. Combined with an oil price of $65 per barrel, we anticipate higher oil prices over the next five to 10 years.
This outlook underpins our recent investment in Woodside. Their strengthened balance sheet post-merger with BHP Petroleum positions them to generate significant cash flow, potentially translating into higher shareholder dividends." - LINK
Woodside, page-1493
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$29.41 |
Change
0.100(0.34%) |
Mkt cap ! $55.82B | |||
| Open | High | Low | Value | Volume |
| $29.34 | $29.48 | $29.06 | $67.98M | 2.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1022 | $29.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.42 | 5210 | 27 |
View Market Depth
| Last trade - 15.12pm 16/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |