$30 price fair value with reasons, page-70

david25 I do like your argument. It chimes with my gut instinct that worse is yet to come here and in the rest of the world stock exchanges. My only pause for thought is that dividend franking suits my game, and it is hard to imagine WES entirely cutting dividends as did the dastardly Westpac (I'll never again trust banks) on the excuse of Covid. I'm long on WES. but I now may wait awhile to pick up many more shares until we see what the next 18 months brings. Thank you, and I think I know the difference between logic and down ramping.