APA 1.14% $8.64 apa group

Ann: COE: Sole Gas Sales Agreements to commence on 01/01/2021, page-2

  1. 7,222 Posts.
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    To be honest I don't really understand the crust of this announcement, but given the share price weakness over the last month, it seems some people new and sold.

    otherwise doesn't make sense, especially on the large sell down today (which is when everyone else started to analysis it).

    This should be a defensive stock but it's dropping more than the market in recent periods.

    What do some know that others don't?

    Public knowledge is that APA is defensive with a reasonable dividend, so given this knowledge already exists, why is the share price continuously dropping.
 
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