Beats me. This stock looks rock solid, with a P/E multiple of less than 5. Not many like that around. I missed the first drop below $2, thought I got a bargain at $2.60, then got a whole bunch more at $2.00 last week.
Up here in sunny Qld, WTP has a similar presence to Leightons. Now, what would WTP price be on a similar multiple??? Ummm, about $8...
DYOR
new lows, page-2
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