I didn't think the announcement warranted the size of the sell off.
Used today as an opportunity to average down,even though catching falling knives can be a recipe for disaster.
Another engineering stock,FGE fell from approx $1.50 to a low of 16c during the GFC and has since rallied to $2.50.
WDS is ideally placed from the LNG developments and its coal division continues to perform strongly.
As a long term play in a "hopefully soon" boom sector today provides a very good opportunity for a cheap entry level IMO.
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Last
$24.00 |
Change
0.025(0.10%) |
Mkt cap ! $45.55B | |||
| Open | High | Low | Value | Volume |
| $24.15 | $24.24 | $23.97 | $14.78M | 613.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6047 | $23.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.00 | 2647 | 14 |
View Market Depth
| Last trade - 11.30am 14/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |