for someone who went 50% into Woodside during Covid and make a...

for someone who went 50% into Woodside during Covid and make a decent return after selling it for $30 average

there is no rush buying right now,

the secular trend is for economic slowdown, at best, stable

usually the next phase of oil price decline is increase output, this is what happens when cashflow poor businesses and economy need to pump more to off set profit declines

so you may be surprised to see prices continue to trend lower

of cause, at some point, this turns around - but don’t assume to know when.

Woodside right now pays you to hold with dividends, but you can do better by buying post dividend announcement.

yes, you may end up paying more if the results are good. But why put yourself in pain holding all year long.

I plan to buy again in the next half, or

you can do “sell put” strategy if you want to buy at a certain price point and be paid a premium if it doesn’t execute

many ways to skin this cat for a decent 10% + return