Feels like we’re drinking the Kool Aid simply because the logic is so basic yet the producers have decoupled from the oil price. I think partially because the futures dip under $0 per barrel frightened the heck out of investors (or perhaps punters) thinking it was about alternative energy and not a rollover / storage issue.
Again, the demand curve is so simple that we’re seeing a confluence of forces that could become unstoppable. I can see Woodside spewing cash for years to come as this gets a wriggle on.
Feels like we’re drinking the Kool Aid simply because the logic...
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Last
$28.15 |
Change
-0.180(0.64%) |
Mkt cap ! $53.44B | |||
| Open | High | Low | Value | Volume |
| $28.21 | $28.41 | $28.08 | $84.57M | 3.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3655 | $28.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.16 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$28.12 |
Change
-0.180 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $28.22 | $28.40 | $28.08 | 483408 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| WDS (ASX) Chart |