Strategically, it might be prudent to do so, especially as East Timor is threatening to have Chinese company to develop Sunrise.
In addition, during this period where there is increased political scrutiny on "windfall" profits, it would make sense to scurry this amount into the bank rather than as a super sized dividend or buy back. Gives the impression that WDS is a good corporate citizen ready to invest in more supply and hydrogen projects. The last thing we would want is a windfall tax imposed on WDS.
In addition, if we are so adamant about the future of oil and gas as baseload power and firming for renewables then we should accept more capital retention to fund these future projects.
Strategically, it might be prudent to do so, especially as East...
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Last
$29.23 |
Change
0.170(0.58%) |
Mkt cap ! $55.50B | |||
| Open | High | Low | Value | Volume |
| $29.31 | $29.44 | $29.20 | $103.3M | 3.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80296 | $29.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.24 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |