The floods will definitely impact ops. No denying that.
I will say this though, the share price is built on a foundation that looks forward over many years. Whats 2 months in a five year outlook? Not even 3%.
Sure it has a bigger impact than that because of near term debt committments, but really, its insignificant in the scheme of things.
And absolutely insignificant in the face of an industry about to get the biggest god darn shot in the arm you could dream up.
My plan is to exploit any weakness.
Cheers,
SF
WDS Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held