DSD to your post you will note that in the past when the POO has gone down by X% the SP of WOR has gone done X+%.
If you suggest that POO went down 4% o/n, I take it as a positive sign that the high correlation between movements in POO & WOR SP has weakened. I would suggest that there are other variables at play such as the potential massive dollars at play in US and China, where WOR is a big player.
A few big contracts, eg a Nuclear plant and this baby goes only one way and that is up.
DSD to your post you will note that in the past when the POO has...
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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 |
