Loving WDS at the moment. There is a real lack of appetite amongst bankers to fund new fossil fuel projects - this plays into the hands of big energy players because they are the only ones that can fund development of new projects. It's a double positive - they can buy projects at a discount because others can't get funding and what they produce is going nuts.
Just need to be quick to react to anything that may unwind the oil price in a significant way and trade a bit (even if the oil price did come off at some point there is a medium/long term supply demand issue that'll underwrite).
WPL@$40, page-597
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Last
$25.84 |
Change
-0.130(0.50%) |
Mkt cap ! $49.06B | |||
| Open | High | Low | Value | Volume |
| $25.77 | $25.84 | $25.64 | $102.6M | 3.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 899 | $25.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.84 | 17599 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WDS (ASX) Chart |