WDS 0.58% $26.06 woodside energy group ltd

** What's up with Woodie??**, page-5

  1. 16,290 Posts.
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    toggs

    In todays AFR in Street Talk column it says that WPL are considering a bid for a US based oiler called Westport Resources Corp and are considering a $1 billion placement to fund it (this would directly dilute current shareholders' equity).

    They are also looking at Prassug Energie in Europe for around $1.8 billion. I'm not sure how they would fund the latter but I doubt they would do both, so most likely also a placement or perhaps borrowing.

    Cheers

    H

 
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