End of year share price, page-322

Quote from article in Australian Newspaper today. Page 15 - top article.

Credit Suisse said if current prices and exchange rates were assumed on an on going basis, Santos shares would be worth nothing, while Oil Search and Woodside stock would be worth about half the current value.

In fact, as noted in Credit Suisse report, before yesterday's slump, Woodside Petroleum shares were up slightly over the last year despite a 50% drop in the oil price. NOW I thought a company's SP movements was pretty relative to the oil price. Same SP but oil is 50% lower. OMG what happened here.