Be aware that short-mid term weakness is a better than most chance of happening.
Market will react badly if Pluto comes in late and with more cost blowouts. Pluto2/3 looks like it will miss FID date due to lack of gas from WPL holes and third party gas. Sunrise is unlikely to make timeline at this stage due to Timorese. Browse is also a little unsteady until things work themselves out with the traditional land owners. Plus the fact that neither these 2 future projects will happen without further capital raising.
Would be surprised to see a takeover bid before atleast Feb/March next year and in the meantime more pressure will come to bear on WPL price...........
Be aware that short-mid term weakness is a better than most...
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Last
$28.21 |
Change
-0.040(0.14%) |
Mkt cap ! $53.56B | |||
| Open | High | Low | Value | Volume |
| $28.53 | $28.57 | $28.21 | $128.2M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 63674 | $28.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.23 | 18595 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |