Woodside's big (dull) day out

THERE will be no rabbits out of hats when Peter Coleman meets bankers and brokers on Thursday at Woodside Petroleum's first Investor Day in two years, however, Slugcatcher reckons a few telling blows will be landed by the company's chief executive and his audience.

Brokers, miffed at what they perceive as Woodside's lack of firm growth options, will let Coleman know that their consensus view of the company is that it is over-priced and heading for a fall.