I opened 2 short positions a bit before WOR burst through $11. A day later would have been ideal. Read that some 150Billion dollars worth of oil projects have been postponed/cancelled and won't be reconsidered until POO hits $70 or more... and stays there.
WOR do some good maintenance wk and that will help but with very little prospects of major project design/build/commissioning... well its hard to see WOR SP rebounding. Hence still feel $9.oo level is under threat.
Slump in oil price hits WOR, page-19
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Last
$13.77 |
Change
0.010(0.07%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.80 | $13.96 | $13.76 | $3.839M | 276.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1944 | $13.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.77 | 35 | 1 |
View Market Depth
| Last trade - 11.20am 03/12/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
