I think the market just assume, by buying the right to these businesses. They are obligated to spend capex on them
but we should know, even if they wanted to, project of these sizes years if not decades to take off.
if the market can’t afford Woodside the cashflow to increase capex, they can sit on it until the conditions are right.
but you don’t want to buying the right at the peak of the market. You want to buy those rights at a fair price
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- Woodside should extract more value, not more oil and gas.
Woodside should extract more value, not more oil and gas., page-18
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$25.12 |
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Open | High | Low | Value | Volume |
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---|---|---|
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38 | 31093 | 25.100 |
9 | 4070 | 25.090 |
8 | 13397 | 25.080 |
10 | 7537 | 25.070 |
Price($) | Vol. | No. |
---|---|---|
25.120 | 6874 | 2 |
25.140 | 800 | 1 |
25.150 | 3150 | 1 |
25.190 | 300 | 1 |
25.200 | 22547 | 4 |
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