Geez Mike your a constant source of amusement. Of course it will retrace/rebound and provide an opportunity to make tuppence hapenny depending on how game you are. Its no different to the banks or many other so called blue chips. There is an opportunity to trade them all but the smart and real money making was in the middle of the GFC when WES was flogged to near death and despite RM warnings, investors backed WES management and bought bargain basement shares and took up SPP and offerings. The people who backed their judgement over Roger Montgomery musings have now doubled their capital invested and are receiving a mighty fine dividend yield relative to the cash they smartly invested. I think these investors have still got their shares and that WES would probably be their best overall performer in the last 4 years.
WES Price at posting:
$37.97 Sentiment: Hold Disclosure: Held
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