WDS 0.24% $29.06 woodside energy group ltd

No wonder they are reticent and guarded in announcing the $20b....

  1. 1,734 Posts.
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    No wonder they are reticent and guarded in announcing the $20b.
    Interestingly this move will exacerbate the issue of non renewable price spiralling and actually assist existing producers like Woodside & Santos by reducing the forward drilling & exploration look ahead.
    they just don’t get it and see it as a vote getter - not to mention a grubby tax grab that won’t get widespread criticism.
    the investment thesis for responsible producers just gets stronger & stronger.
    DYOR
 
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