WPL it is the worst investment I ever done. This company has really never create value at least from the last 15 years. The share price is going backwards, if we apply inflation I think it was around the 45 dollars then sink to 30 now at the low 20. Dividends were ok but not enough to compensated for the inflation and the list of value of the shares.
I ever hardly seen a discovery made from them in the last 15 years only some stranded gas in SEA, nothing on the Carnarvon basin which is the backyard. Only adding reserves by acquisition which turn add were not properly worked out and now have to be downgraded. Good luck for the ones that can jump out. And for the people working for us the shareholders as I think they are the only profiting for the company.
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Price($) | Vol. | No. |
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