WPL when investing heavily(capital raising) in LNG between 2015 and 2019 openly told SHers that they forecast an oversupply until 2022. Now with a decrease in demand I suspect this maybe pushed out. Always find it interesting that a small negative note in a much bigger ann often turns up as an excuse for poor performance down the track. It's all set up for this to be the case here.
SXY Price at posting:
15.8¢ Sentiment: Hold Disclosure: Held
