WDS 0.29% $23.98 woodside energy group ltd

woodside set to rocket!, page-2

  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    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
 
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