Aussie govt to tap WA LNG projects for extra $6 billion in tax, page-11

5 years ago at this time. In fact, October 2013, WPL was 38.22. I have bought in and out many many times and one fact stays true. Great dividend - normally. Not as good as the banks, but still ok. Here's one major difference though. Transparency. With WPL you can see every cent of production, revenue and debt. With ANZ, do you know who the borrowers are and how liquid they are? How many bad loans on their books suddenly rise when interest rates creep up. With WPL, you know. Every year same thing. Now it falls a bit until ex-div in Feb and then jumps until July-Aug then falls again. The trick is not to confuse it with other ASX stock cycles because it goes the other way. You should buy it when there is fear and sell it when oil is rocketing. I will buy ANZ now (it goes ex-div next week and will benefit from the claus rally) and then WPL in early Jan (no - it normally doesn't benefit from santa ralllies). Horsetrader and FSM8 are still here. That is how consistent gains from WPL are.