CM you ask for my thoughts but you're much better at this stuff than me and smarter. Lol
I really think it comes down to a steep culturual change that is happening in this country. O&G is on the nose and is constantly being touted as the planet destroyer. Woodside is front and centre of this and they are being targeted relentlessly. Activists have corrupted the share registry no doubt, and there is nothing that i know of that can change this. Current retail investors don't wield sufficient power, and I suspect many prospective investors are too frightened by the rhetoric and are looking to "greener" pastures.
The great replacement is in full flight in this country. Both in population and in business.
News: WDS UPDATE 1-Woodside investors vote down climate plan, rebuking Australia's top gas producer, page-59
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