Tren, friend, your homework for this evening is to read the latest WPL financials. You will be impressed. What I like to find in financials is a rising and substantial amount of retained profits under the heading of shareholders equity. Call me old fashioned. This is something that you don't find with BNPL, lithium pump and dumps- or to a large extent, because of their nature, REITs. Woodside have made large profits over a number of years- and have rewarded their shareholders regularly- and have retained a large buffer for the unprecedented years.
Woodside will still be around when the oil market recovers and most high cost producers have folded- and her shareholders will be rewarded again.
DYOR GLTAH
WPL buy, page-164
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