your hypothesis will aid CNOOC more than WDS.
That is my hypothesis, especially as CNOOC has a lower PE, higher dividend, has mainland China government support (its a state owned SOE), has one of the cheapest cost of production, can buy from Russia etc etc.
And CNOOC stacks more from an investment prospective than WDS.
Firstly (which I don't follow) from a share price point of view. Again I don't follow this but you do obviously
Secondly, from an 'owner' point of view, CNOOC stacks better.
Having said this, as I have said before, I am not buying CNOOC or WDS at current share prices,
Both are commodity stocks, play the cycle.
I made money on both!!!! Both WDS and CNOOC.
The difference is I have cashed in 90% of my WDS shares. I have cashed in on CNOOC as well. But not as much, because there is still latent value in CNOOC.
Now you guys want to hype WDS as 'buy buy buy' at current share prices.
That's your call.
For me I grabbed my profits already.
your hypothesis will aid CNOOC more than WDS.That is my...
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Last
$24.25 |
Change
0.330(1.38%) |
Mkt cap ! $46.04B | |||
| Open | High | Low | Value | Volume |
| $24.55 | $24.59 | $24.16 | $116.2M | 4.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $24.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.26 | 1701 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WDS (ASX) Chart |