I've been steadily buying $30 down to last buy at $24... I'm currently out of the money.
BUT - if we take 2022/23 as an example I was buying consumer discretionary as they were on the nose, started a pos in JBH at $48 and bought down to $38, we're now over $80 with some chunky dividends thrown in.
It takes balls to keep adding to a losing trade, particularly when sentiment is terrible, e.g. WDS currently.
O&G is notoriously cyclical, no doubt things are not great right now, net zero, 2007 repeat set-up yada yada. But even with these conditions WDS still able to pay big dividends. If the needle turns, it could really start unleashing torrents of cash imo. A few astute investors I know are saying buy oil and gas now. I'm listening.
Woodside, page-1985
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Last
$24.00 |
Change
0.350(1.48%) |
Mkt cap ! $45.56B | |||
| Open | High | Low | Value | Volume |
| $23.74 | $24.03 | $23.71 | $125.4M | 5.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 477 | $23.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.02 | 1177 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |