Ann: Half Year Report and Accounts, page-14

I know, buy sometimes buying quality is the best strategy. There are a lot of hopes and dreams with DW8, none of which seem to be coming true.

The risk here is off the charts. And by risk, I mean the chance of zero capital return. I.e the company goes bust. At $4mill it's wildly overvalued. It should have an EV around 500k-$1mill, at best.

Anyway, it's been a slow day for me and I'm not liking the direction the whole market is heading. In a wild bull market, DW8 can survive, anything less and its goodnight Irene.