I think buying Woodside is pretty much a once in a lifetime chance. The stock and oil are in clear downtrends at the moment but the fundamentals are not.
The price of oil can only go up and the world still has ample reserves for decades more.
Woodside has huge reserves and huge gas projects, anything around $40 to $45 is a dream chance IMO.
I'm plonking in a fair chunk once it drops below $50.
Crude oil may probably stabilise at US$80/US$100 and a slow uptrend in oil will resume once again.
once in a lifetime chance
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |