Your comment "I have reduced my position in WAF" made me think.
I too reduced somewhat during the last year. I have also seen quite a few comments from other WAF investors reducing their holdings along the same lines. And quite commonly, as was with me, it was because the holding had built up to become oversized in the portfolio. My selling of some WAF during the year wasn't because of the outlook for WAF but, rather the holdings was too large. I am sure that this type of sentiment has kept a lid on the share price over the last year. This has probably all washed out by now. So given WAF's positive outlook (think Sanbrado plus Kiaka this year) makes me now think that there really is significant upside to the price.
WAF Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
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