Even though I am a holder, I suspect DSD is likely going to be right.
I lightened the load a bit this morning at $7.95.
But it will be an interesting tug of war in the run up to WOR's result announcement next week. WOR's fundamentals weigh on it, meanwhile the PoO tugs upwards on talk of OPEC reaching some sort of agreement to stabilize prices.
The analysts and short sellers seem to be in furious agreement about WOR's lousy near term prospects. As ever, the perennial question is how much of WOR's inevitably grim FY result is already impounded in the price, as against how much is the price being held up by the unjustified optimism of holders? Oh for a one handed economist!
Cheers
Ann: WorleyParsonsCord awarded Cutbank Ridge Partnership contract-WOR.AX, page-38
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
