WDS 1.52% $29.38 woodside energy group ltd

News: WPL Australian gas producer Woodside Petroleum half-year profit falls 28%, page-19

  1. 14,067 Posts.
    lightbulb Created with Sketch. 703
    @Guan You might find there is some risk in Saudi that doesnt really exist in Australia.

    War in yemen, proxy war in Syria, tension with Iran across Straits of Hormuz , border with Iraq. Recent drone attack on oil facilites

    That goeoploitical risk attracts a discount for foolhardy LT investors willing to invest.

    Not to mention internal stability needing iron fist to ensure compliance.


    Last edited by szaba_the_hut: 13/08/20
 
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