I've only bought into WTP recently. My wife put me onto this last year, but at $5 I thought it was fully priced. After the crash - my average buy is at $2.165, so yes also looking at a loss.
However - I've been switching into WTP, as I think this is a very solid company, hugely undervalued by the market, with almost guaranteed revenues many years into the future.
Infrastructure projects for government will be increased under the "building Australia" programme, or whatever it is called, so this stock is probably the safest investment in the market.
Plus it pays 20% dividends at this price!
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- broker presentation
broker presentation, page-7
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