the coalworks valuation thread, page-25

market is really hammering it down.

IPO was at 1.00, it may also be that some of the buyers at 80c, 90c, are also thowing the towel in.

You confident enough to be buying more DBK?

Do you work out how far a market will trash it? Is there something fundementally wrong? With good neighbours as you suggested, wouldn't have thought so. Potential opportunity if the market contiues this way. Have to start thinking 50c as opportunistic, maybe 40c? Would the market feel comfortable knocking it down to a 50 mill mc coy before the confidence for upside returns?

cheers