With 59% retailers currently holding stock , WDS is highly a...
With 59% retailers currently holding stock , WDS is highly attractive target for industry players to acquire and pressure the stock from both a put option and take over purpose. The fundamentals for iron ore and gas should be closely aligned in regards to the Chinese economy, yet stocks in Ore seem out of step with Oil & Gas.
The white noise to a possible take over appear to be stronger, Aramco’s reported interest in acquiring upstream assets and positioning itself within EIG for gaining a foothold in the US. Remember that EIG was the under bidder to Driftwood and discussions have be happening for some time. $Woodside Energy Group Ltd (WDS.AU)$
The white noise to a possible take over appear to be stronger, Aramco’s reported interest in acquiring upstream assets and positioning itself within EIG for gaining a foothold in the US. Remember that EIG was the under bidder to Driftwood and discussions have be happening for some time. $Woodside Energy Group Ltd (WDS.AU)$
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