Crude oil fallen 5% this week. Of course it could rise 5% next week but the continued uncertainty and POO below $50 stalls investment in new petro/LNG projects which traditionally constitute 70% of WOR's revenue. Minerals and metals also subdued and account for 15%. Fertliser prices also very low and WOR has always had work in this sector esp in Saudi. In short the macro is terrible.
Crude oil fallen 5% this week. Of course it could rise 5% next...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
