Massive uncertainty/volatility continues re POO and also LNG. Its possible POO could rise to $40 which is 25% above current levels. But can this stop the relentless fall in WOR and trigger a rise in SP? WOR specialises in massive projects esp in oil/gas sector. My reckoning is that it will need price of crude to stay above say $50 for many months, before any new projects are signed-off. So whilst energy stks earnings react immediately to rise in energy price, WOR lags substantially even by 12 months or more. i remain pessimistic re the outlook statement in next month's interim. dyor.
Slump in oil price hits WOR, page-106
Add WOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
