Who knows in this world! You have done well, better than most other investments on the ASX. I look at it as when you think something is well priced, it probably is. Like at the end of a raging bull market wouldn't that be nice!), one gets disappointed , (because all of those paper profits are gone. The time spent wondering whether you should sell or reduce is normally the trap that has been set by the broader market. I've been too greedy too many times when I believe in a company, but the general market has changed it's sentiment (particularly related to penny dreadfuls).
I like the WES model, but am cautious of a market sentiment of a tall poppy haters. Personally I feel the Australian market does not have enough competition, and while this should not be a problem for WES, it possibly will be. There are always opportunities to re-enter, when the PE reduces a bit, .... unless the lithium price takes off!(but I wouldn't hold your breath there.
My opinion is smell the roses else where for a while.
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WES
wesfarmers limited
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1.19%
!
$85.75

Who knows in this world! You have done well, better than most...
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Last
$85.75 |
Change
1.010(1.19%) |
Mkt cap ! $97.26B |
Open | High | Low | Value | Volume |
$84.52 | $85.75 | $84.19 | $152.3M | 1.781M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $85.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$85.76 | 10038 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 85.500 |
1 | 3487 | 85.320 |
1 | 104 | 85.300 |
1 | 1637 | 85.260 |
1 | 1183 | 85.220 |
Price($) | Vol. | No. |
---|---|---|
85.780 | 1637 | 1 |
85.800 | 1446 | 5 |
85.820 | 1183 | 2 |
85.850 | 402 | 2 |
85.860 | 909 | 1 |
Last trade - 16.19pm 31/07/2025 (20 minute delay) ? |
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WES (ASX) Chart |