WDS 0.70% $25.74 woodside energy group ltd

woodside petroleum, page-17

  1. 11,227 Posts.
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    If you are worried about the SP and have an entitlement, you might consider getting advice as to whether to short the WPLs and then take up your entitlement for the same amount. Then you should be locking in a good profit. If you don't have an account that allows you to short, you could set up a cfd account (IG has no ongoing fees - but shares in their name, not yours), or with MQ prime margin lending (not cfd) (or whatever they are called now at Macquarie).

    With Macquarie they are keeping 17.5% of the short position as their margin.

    There has been good news on energy prices, but WPL has been farily static. I think this is an overhang effect. I also think enthusiasm about major projects can ebb and flow.

    short position

    DYOR - as always - I might be wrong
 
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