WTP 0.00% 91.0¢ watpac limited

whats the deal with the valuation?

  1. 51 Posts.
    Obviously they had a bad quarter, cut the div temporarily etc. but its price is getting pretty low compared to assets (last time I checked was 5/6 months ago) and they should be back in profit. Is there something I don't know or are people just scared of construction right now?
 
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Currently unlisted public company.

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