AsI've said a 100x.... I don't don't see a big even bigish revival in capex eventuating. Most of the evidence points to the decrease since 3 yrs ago continuing. Ask yrself: what will spark a huge rise in capex? Trump? maybe but I'm not convinced.
Plus I don't reckon the recovery seen in most energy and commodity prices over past 13 months is sustainable. We have overproduction in many cases esp IO and LNG. I have fears for STO but don't hold a position.
AsI've said a 100x.... I don't don't see a big even bigish...
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$14.17 |
Change
0.180(1.29%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.10 | $14.24 | $14.05 | $15.93M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6787 | $14.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.18 | 9834 | 2 |
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| WOR (ASX) Chart |
