DSD to your post you will note that in the past when the POO has gone down by X% the SP of WOR has gone done X+%.
If you suggest that POO went down 4% o/n, I take it as a positive sign that the high correlation between movements in POO & WOR SP has weakened. I would suggest that there are other variables at play such as the potential massive dollars at play in US and China, where WOR is a big player.
A few big contracts, eg a Nuclear plant and this baby goes only one way and that is up.
DSD to your post you will note that in the past when the POO has...
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Last
$14.90 |
Change
-0.030(0.20%) |
Mkt cap ! $7.860B | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.10 | $14.89 | $21.68M | 1.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $14.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.97 | 1533 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WOR (ASX) Chart |