Most of us have been with Woodside since feb.there’s no point...

Most of us have been with Woodside since feb.

there’s no point selling out before the half yearly report.

This upcoming report is what matters. Right now the market is on a holding pattern because there’s a lot of issues that need to be clarified come half yearly.

I think one thing we can all bank on is the results are priced in and they will look good

the bigger question to ask is how the new projects will be funded and what that will look like from a dividend point of view.

The one positive out of all this and that is the demand for oil project is limited, so hopefully the cost will be competitive. In past decade, every oiler want to dig when the price is up and up goes the cost.