Ann: Appendix 3Y (M O'Neill), page-51

Some will prefer a guaranteed yield of 5% on a high interest account with no loss of capital

it’s very attractive



one thing Woodside taught me as a bag holder is never try to predict what the market is willing to pay or macro economics.

it may do jack shit for years and trade sideways.

since I don’t need the cash, I will take my dividend and spend it on something nice


once upon a time, the dividend from Woodside can pay for a new Toyota Yaris

nowadays it will pay for a fancy lunch only.

so I’m in no rush to buy more, but

I will if prices come down

or wait for next half yearly at the same price

or sell if it goes above $36