RE:RE:RE:WESTBOND, WALMART, WIPES It must be warm where you live!!!
There are three types of sell-off. A general market sell-off, a sector-specific sell-off and a company specific sell-off.
If you own profitable companies with strong balance sheets, a general market sell-off should be seen has an opportunity to buy a company at a bargain price (March - April 2020). The unknown variable is how long the sell-off will last and how long it will take for the market to recover.
If you own profitable companies with strong balance sheets, a sector-specific sell-off could be seen has an opportunity to add to your position. A sector sell-off could last longer than a market sell-off.
A sell-off due to a specific issue related to one company that has poor liquidity can be a problem.
As I write this, only 2,735 WBE shares were traded. If an investor who owns 100,000 WBE shares decided to sell today, the investor would likely not be able to fill the order. Although, there are investors that will place low ball offers in the hope of catching a good deal.
If you intend to hold Westbond for a long-time, 10% dividend is very nice dividend to collect, then you should not worry about the lack of liquidity. If your investment philosophy is to own companies for a short period of time, then liquidity is definitely a problem and you should avoid companies whose shares seldom trade.