I agree and took the opportunity to increase my position in late...

I agree and took the opportunity to increase my position in late November (after also reducing it) with the fall in SP on industry sentiment. Always going to be regulatory risk but feels overly priced in to me and as you point out this company has continually grown earnings (seemingly in a responsible way to me and not from what I can see through accounting trickery) and paid dividends. A good blend of positives and value in my personal opinion.

DYOR opinions aren't advice