There was an article yesterday that the EPA has rejected the Browse project. I think this was the major driver of the share price collapse, as well as a lower oil price and market in general. As always some insiders would have been aware of this prior to it being in the media, which could potentially explain some of the recent underperformance.
I don't know all the details on this and am surprised there's no announcement addressing it (or maybe there is and I've missed it).
Woodside, page-1686
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$24.93 |
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| Open | High | Low | Value | Volume |
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