Woodside? It has plunged to the price it was 15 years ago and if...

First 486 Last

Share
Profile

Follow
jwhiteman

2,366 Posts.

53

12/03/20

13:29

Post #: 43448962
Share

Originally posted by mwilson25: ↑

Hmmm. It does seem to be a terrible and scary time for investors at the moment.

One minute I was outraged at the scabby offer from this dodgy LNG9 crew.
Now after the impact of the Corona virus I am quite glad that the sp is still above 10c - presumable because of the TO offer helping to underpin the price.

I wake up each day worried there will be an announcement that the offer is off - but at least we are staggering on for now.

Nobody can tell if a better offer will emerge bur it certainly seems like the gas industries finances have been impacted severely by the glut and a failure of anticipated additional demand to eventuate. The use of gas as a transitional fuel to move to a cleaner greener world is not playing out as expected as additional coal fired power capacity is being rolled out.

This all suggests that a bigger stronger player like a Woodside would be required to move on the company if we are to get a better price. Who knows what our chances really are here.

All in all I echo sentiments by other posters that just getting the TO money would be a pretty good outcome..

Expand

Woodside? It has plunged to the price it was 15 years ago and if the oil price war gets serious it will go under.

LNG Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PIQ

Proteomics notches up as company launches PromarkerD into the US

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

First 486 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Woodside? It has plunged to the price it was 15 years ago and if...

Top Stories

Proteomics notches up as company launches PromarkerD into the US

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Featured News