Sentiment Shift on WDS

- All the immediate government interference stuff has subsided now with the end outcome pretty light touch

- Through the process the importance of the oil and gas industry has been better recognised

- Brent edging back towards $US80 - plenty of margin there - with significant upside if China and India get going

- Substantial underinvestment across the industry globally still underpins the value of WDS assets

- Dividends might not be quite as big next time around but still better than almost anything else on the ASX

- Despite the biased nonsense you read on this thread Meg has navigated the challenges of the past few months admirably.

All the above has shifted sentiment. Buyers have started to move back in after the lows earlier this month. As has often been the case over the past two years WDS a useful ‘contra’ stock to have in your portfolio when markets start going backwards.