Sticking with the macro theme i'll post an article written earlier this week in the financial press demonstrating that CAPEX in Oz re energy and other hard commodities has changed dramatically. After totaling 150-200 billion for several years with fy16 at 190B the forecast capex for fy 17 is 40-45B i.e. a drop of 75%... in a single year!! Nobody doubts WOR has cut costs to the bone... but where are the contracts going to come from?
contractor without contracts, page-10
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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 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
