Most people on this site seem to have held throughout the down trend in WDS...whilst I too was long for many years, I decided to trade it on its relative strength since the beginning on the current FY. I sold out just now after my 5th run this FY....I managed a 12.06% return ($233,202) including divs..I was holding between 40K-50K units over the various runs. What I am concerned with today is my US advisors say that Trump is using Putin to broker a deal with Iran to limit their production of weapon's grade nuclear fuel. Apparently Iran is currently producing around 40% purity (well under the 90% required for weapon's grade) however with 1-2 years they will have a stockpile. The trade-off is the US will significantly ease sanctions so that Iran can increase oil production, which are currently curtailed. Trump, it is said, was heard to say he wants oil down to around $50/b. I must say I'm a little nervous with this guy and after asking myself whether I wanted to stay in to take the div this time round, I declined. The company is a good one and I will continue trading on the same basis until some clarity resumes within the energy industry. PS..sentiment should read sold for me
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