Yes, lull period in the resources industry is long cycle. It is correct EV are not going away, from I read there is plenty of Lithium in the pipeline and also readily available, contrary to the previous understanding. I think this question was put to BHP and they didn’t have a positive outlook and therefore not buying in.
WES is excellent shape IMO.
My question is growth is missing for next few years and therefore 27+ PE is on the high side.
There is growth potential in Healthcare sector, which is new to WES and will take time to deliver.
Yes, lull period in the resources industry is long cycle. It is...
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Last
$70.45 |
Change
-0.210(0.30%) |
Mkt cap ! $79.90B | |||
| Open | High | Low | Value | Volume |
| $71.08 | $71.11 | $70.28 | $106.3M | 1.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2094 | $70.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.46 | 632 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$70.54 |
Change
-0.210 ( 0.02 %) |
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| Open | High | Low | Volume | ||
| $71.06 | $71.09 | $70.28 | 68835 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WES (ASX) Chart |