Hi BB,
I have to admit that I am not as bullish as you on WPL's share price.
A countervailing argument is the Shell holding and the fact that they have said they will not sell for anything less than $35/share. This statement by Shell is seen as a bit of a dampener to the shareprice. As soon as the price has a clear breakout, Shell is likely to drop another bundle on the market and so dampen the price back again.
Like you, I would love to see WPL at $50/share. With the overhang of Shell like an albatross around WPL's neck, I just can't see it.
HT1
woodside set to rocket!, page-2
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Last
$28.21 |
Change
-0.040(0.14%) |
Mkt cap ! $53.56B | |||
| Open | High | Low | Value | Volume |
| $28.53 | $28.57 | $28.21 | $128.2M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 63674 | $28.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.23 | 18595 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |