WDS 0.35% $28.94 woodside energy group ltd

I really can’t see how this makes sense financially,on a script...

  1. 2,809 Posts.
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    I really can’t see how this makes sense financially,

    on a script level, current shareholders will be diluting their stock in half to pay for a $20 billion portfolio

    what doesn’t make sense is if they do decide to buy it, then their holding on Scarborough goes to 100%: makes absolutely no sense to me when they are struggling to sell down.

    this is a farking nightmare.

    I hope Meg ain’t trying to pull a hero move as part of her crowning ceremony being CEO. She have very little skin in Woodside
 
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