I picked up a few more shares of Seadrill earlier this week at $36.05. I have held shares in this company for just over two years, buying several times between $14 and today’s $36. My average cost is now $22.50 per share, not counting the recent small dividend (their first).
I could go into much more detail on the company, but my rationale is summed up by the recent piece I wrote on Seadrill — this was my best investing idea of the month for May.
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