WDS 0.35% $28.94 woodside energy group ltd

Sto and Osh were moving sideway due to delay of deal by PNG...

  1. 148 Posts.
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    Sto and Osh were moving sideway due to delay of deal by PNG court. WPL’s weakness is due to option position expiration as most of long term funds are all fully invested with it. No new in-flow due to ESG etc. Meg is a new CEO and to be tested to manage a corporation like WPL. A lot of headwinds like aboriginal heritage, environmental and capital management etc are not clear cut. Hopefully, it will go thru eventually. If offtake agreement is signed and divestment of Scarborough is done, WPL will be like a rocket to shoot up.
 
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