Why are so many WDS investors so grumpy? It's like reading the comments section on a sky news article.
The costs of running an event are minuscule.
The long term strategy here is to use oil cash flow to fund investments in being a leading LNG provider (helping to underpin the energy transition) - seems prudent for those who have a timeframe longer than a few weeks or months. Regardless of what your thoughts on energy production are, the energy transition is already happening, and it seems likely that gas will play a pivotal role in many markets (but particularly in Asian markets)
Valuation wise resources are offering far more value and yield than Financials and Industrials.
WDS Price at posting:
$23.91 Sentiment: Buy Disclosure: Held
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