People also need to keep in the back of their mind these guys are three years from production. It would be expected that by this time rolls around the economic crisis should be behind us and the market is confident and strong again.
To judge this stock on what the current climate is, and not where it is expected to be could mean investors are missing an opportunity.
They have yet to issue any kind of a statement that is negative yet. There is more coal than expected, the rail upgrade in Victoria is a positive, everything is on time with no increases in expected costs. Its really only market confidence that has dented its share price.
CWK Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
