Woolworths made a record all-time high and record-closing high on Thursday
Woolworths made a record all-time high and record-closing high on Thursday. It also registered its second highest volume trade of the year, double that of 30-day average on no news; 4.97 million shares were traded and option settlement is today, so more will go through. Woodside Petroleum has closed at $40 for the first time since July 2011, as its production report came in ahead of expectations; this puts the Shell overhang as a real possibility. With the corporate actions from the weekend, anything is possible here and Shell could either sell out on-market or to a new major holder. (VIEW LINK)
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Evan has been investing and researching global markets for over a decade. After getting his Masters in Finance, Evan headed to Amsterdam with ABN Amro before moving to the Royal Bank of Scotland. He returned to Australia with RBSMorgans where he developed his top down approach. He is the author of "Mind Over Money: Why Understanding Your Money Behaviour Will Improve Your Financial Freedom", published by Major Street in 2022.
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Evan has been investing and researching global markets for over a decade. After getting his Masters in Finance, Evan headed to Amsterdam with ABN Amro before moving to the Royal Bank of Scotland. He returned to Australia with RBSMorgans where he...
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Evan has been investing and researching global markets for over a decade. After getting his Masters in Finance, Evan headed to Amsterdam with ABN Amro before moving to the Royal Bank of Scotland. He returned to Australia with RBSMorgans where he...
Expertise
No areas of expertise
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