While ackowledging WPL to be a great company, it is obviously highly leveraged to the oil price. Any pull back in the price of oil would see WPL come down sharply. With oil being at record levels, surely there is more downside than upside.
To all you bulls out there: you are simply projecting current momentum forwards. Always a very dangerous thing to do.
wpl a short?
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Last
$28.25 |
Change
-0.060(0.21%) |
Mkt cap ! $53.63B | |||
| Open | High | Low | Value | Volume |
| $28.06 | $28.26 | $28.01 | $110.8M | 3.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2508 | $28.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.25 | 13265 | 3 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |