WTP has been a fav of mine for a little while and wondered if anyone else was on board to discuss changes.
WTP has just touched new all time highs. While the clich is buy stocks low and sell high, the pro's maxim is buy high and sell higher. Thats why new all time highs can be good, espcially when the fundamentals are so good. Not to mention its great picking up the divi cheque every 6 months. one of them timed just for xmas to help with the pressies.
WTP can be a big boring sometimes il admit, its a trickle up sort of stock. But they have new management in the last 6 months who seem to have kicked things along. Latest was buying half share of 10 000m2 water front property sold by ansett airlines at airlie beach to develop.
Also noticed some increased buying by major shareholders. All in all a comfortable stock to own and it may just start racing away shortly. PE of 9, in this market with this growth it has to be due for a revaluation.
WTP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
