To clarify I don't expect the SP to take off I expect the dividend to compensate for the low SP and the SP to follow POO. Something will have to give and I dont mind if it comes in a 10% yield dividend like WPL. There are long term structural issues with Oil and gas and without price there will be an inflection point where either the price will have to rise and hence lower div yields or div yields are going to become absurdly high. Either way im happy with investing in oil and gas for the medium term.
To clarify I don't expect the SP to take off I expect the...
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Last
$7.15 |
Change
-0.020(0.28%) |
Mkt cap ! $23.22B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.17 | $7.12 | $56.91M | 7.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 22411 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 31180 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |