I could be wrong on this knowing that the contrarian bet would be on oil and gas companies given that: -Devaluation of it due to fundies and greenies moving away -Lacking in new development (constrain on supply) -Energy transition will be longer than expected and the world will still require stable energy sources
WDS: -High quality assets -Exposure to both domestic and international market
Macro factors: -Macro factors seems to be supporting WDS -Trump push on oil + gas
Just wanted to know for those with more experiences on what was missing for WDS, or is it just a waiting game.
The cycle for ASX energy listed provides have been beaten down for some time now.
WDS Price at posting:
$23.09 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)