SP hit 6.91 before recovering to $7.00. Slump is commodity prices has returned with a vengeance after brief surge lasting a fortnight or so. Its a cancer eating away at resource companies. Cash flow for energy and mining stks has dried up and cash preservation is dominant sentiment as they cut costs and batten down the hatches.
New projects are simply not going to be constructed until price resurgance in commodities is confirmed and well underway. Exception is Iran who remain desperate to increase oil output. Sell.
Slump in oil price hits WOR, page-78
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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 |
