I was looking at this too. For interest here is a comparison between WPL stock price and Brent Crude expressed in $AUD.
Can only think that the market is putting a much higher discount rate (risk premium?) on future earnings today than in the past.
WPL@$30, page-4713
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Last
$27.32 |
Change
0.380(1.41%) |
Mkt cap ! $51.85B | |||
| Open | High | Low | Value | Volume |
| $27.32 | $27.37 | $27.21 | $51.87M | 1.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5669 | $27.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.33 | 6433 | 27 |
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| Last trade - 12.54pm 19/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |