"I intend to keep this for long term super fund hold and maybe top up here and there if trades back.."
I've been doing that for close to 20 years now. I continue to view Woodside as a pure LNG play, the oil as a side show. The big-big picture is a multi-decade story, near term regional LNG shortages, captive North Asian market, improving prices (Woodside have moved away from pre-contracting the development of their reserves, by delaying contract negotiations nearer to commissioning to capture the expected higher prices.
Long story short. Do you want to feel like an OPEC Arab from the comfort of a St Kilda cafe ? Get into Woodside.
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WPL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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