Okay let me tell you why I love WDS.
It is one of the few businesses where they may be a price taker but the price is set in USD, So if I am correct and our poorly run country bleeds real value then the only thing that protects me is a company that operates in USD. So Cochlear , CSL etc.
So this isn't for todays dividend but for 2035. Every projection still says we need a lot of oil and gas to power things in 2035. As we get near the great transition no new fields will get developed - unless you have your own cash. It will become a locked in industry.
I love those. So invest in Coles or Woolworths or the CBA but they all take prices in AUD. I always see the no MOAT ratings and think they don't get it a moat can be an ugly business as well.
Ann: Second Quarter 2024 Report, page-16
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Last
$27.24 |
Change
-0.290(1.05%) |
Mkt cap ! $51.72B | |||
| Open | High | Low | Value | Volume |
| $27.05 | $27.47 | $26.93 | $181.5M | 6.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43921 | $27.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.28 | 37541 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |