Deansy, I suggest to factor in the effect of: - RBA interest rate to 10-11% - Further US credit market shake out - Possible plunge in property / asset price for all Watpac holding - use latest NTA per share for valuation basis
The last, holding long term, but thats mean consider how long can you hold the pain for before the next leg up. Fundamental may not worth looking to value a stock now, but overall market sentiment and time frame will be a better way to value a stock.
Takeover seems unlikely in this climate.
Comments welcome
WTP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
