HDR hardman resources limited

dana shares surge after news of big offshore find , page-3

  1. 2,077 Posts.
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    All in good time Yak ! In a couple of years we'll be looking back having a bit of a chuckle ! :)

    Here's a bit of Woodside's trading history in case you missed it previously. Sep 04 article out of BRW.

    Woodside's time

    A company that may well turn out to be as successful as BHP is Woodside Petroleum. After years of exploration it is exploiting world-class resources. There are many similarities to BHP in its chart which picks up Woodside in mid-1990 on its way to a low of $2.57 early in 1991. Later that year, Woodside topped out at $4.44 then took a breather back to $3.09 in 1993 before really putting some runs on the board in a tremendous rise to $13.40 in 1997. By the end of 1998 it had lost much of it back in a gut-wrenching slide to $6.75. From there Woodside rose steadily to a peak of $16.45 in 2001, retreated to $10 in 2003 and then onward to a high of $19.13 in August this year in a strong uptrend fuelled by the price of oil. As with BHP, there have been no bad times to buy Woodside for long-term investors, only good times and better times.


    Cheers,
    xmagx
 
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