I think it is a psychological concept called referencing. We each approach the current SP depending on what we previously bought if for or sold it for- we should not but we do- I do. So, I would need quite a price decline from here to buy back in- unless I have an attack of FOMO.
Short to medium term- I think Mr Market is marking down WPL and OSH for LNG train turn arounds. Longer term- the story is the Asian post covid recovery story- LNG will be necessary.
GLTAH
WPL@$30, page-44
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Last
$27.60 |
Change
0.730(2.72%) |
Mkt cap ! $52.40B | |||
| Open | High | Low | Value | Volume |
| $27.01 | $27.65 | $26.97 | $115.7M | 4.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 724 | $27.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.61 | 1000 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |