at below $4.00 is wsa good buying??, page-20

e.l.

concur with your first paragraph particularly - I continue to be optimistic overall also but heed your comments about the rspt and cash flow and capex etc -fear the resource boom will be a bit of a damp squib, especially in oz due to the rspt, plus other steadying factors.


having just bought wsa for a longer term stock at 3.80 and 3.63( and it does look strong ) I have just sold as i am very pessimistic about the noises from Canberra.

I am preaching to the converted, but they remind me of that old joke about the deer with no eyes ( no idea ) , then the deer with no eyes and no legs ( still no idea ) , and now they are like the deer with no eyes , legs, or genitals!!!