Ha, good luck champ.
The governments of the world will put a floor on the effects of this virus. The world economy cannot afford to have small-medium sized business laying off workers by the millions. It would turn into a depression as a result. As i said previously, the $17.6 billion dollar surplus is no where near enough for Australia; will be interesting to see just how much the additional package will be from ScoMo. Hopefully it gets announced tomorrow.
As for Woodside, it's balance sheet is the strongest in the energy sector, hence why we are all on this thread. Who knows where the bottom is for Woodside, all i know is i'm slowly adding to my position all the way down to the bottom.
Why buy WPL?, page-172
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$26.64 |
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