Scarborough is not the project that WPL was planning for. It drilled umpteen expensive exploration wells hoping to find gas for Pluto train 2. Minimal success. So, they bought into Scarborough. And we know that the project is dry gas- the declining NWSJV is wet gas. But that is the sector.
WPL is, for all that, well placed with Scarborough/Pluto/Wheatstone etc etc. They have reserves and shortages are forecast in the medium term.
So a happy holder.
IMHO DYOR
Should Scarborough go ahead?, page-12
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Last
$27.55 |
Change
-0.385(1.38%) |
Mkt cap ! $52.46B | |||
| Open | High | Low | Value | Volume |
| $27.67 | $27.78 | $27.52 | $31.05M | 1.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4973 | $27.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.55 | 3379 | 15 |
View Market Depth
| Last trade - 11.40am 04/06/2024 (20 minute delay) ? |
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Last
$27.53 |
Change
-0.385 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| $27.67 | $27.78 | $27.52 | 286953 | ||
| Last updated 11.58am 04/06/2024 ? | |||||
| WDS (ASX) Chart |