Do you think that the 50% drop in the share price of PCL after the announcement actually reflects their confidence and due diligence of the deal. Still have strong confidence in management at WDS in a difficult time for O & G. Stay tuned in Victoria whether the government has to lengthen the time of coal fired power plants to keep the lights on. Another interesting discussion is from Kemi Badenoch in Britain who has presented that 2050 zero targets are impossible to meet and makes great points about Western reliance on China for our solar and wind turbine products. Maybe our government will wake up to China, India, USA and please let’s not forget Indonesia building coal fired power stations when we have great gas reserves which are cleaner currently. Apologies got off track but the frustration of 6 years from the WA Gov along with who knows from Plibersek on the NW shelf is bewildering
WDS Price at posting:
$22.84 Sentiment: Hold Disclosure: Held
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