I think I'm done with SXL. As you say there's value in...

I think I'm done with SXL. As you say there's value in everything at some level but the buyback and debt has just left it a bit too vulnerable and therefore a bit too much of a gamble for me.

Sold half my OML and sold out of GWA and ORA (and fortunately SWM early on the day of their announcement) but struggling to find other value stocks I'm not already invested in.

In the absence of any better ideas I might get an opportunity to get back into GWA and ORA at a more compelling valuation, especially if ORA is looking at a substantial Capital Raise.

But as for SXL I reckon I'm done.