new float coalworks cwk, page-36

  1. 4,058 Posts.
    im not saying all of the people that bought the open are selling now.
    most people that sold above a dollar were booking profits.
    for a $76million EV (96-20mill cash) i think the market is pretty wrong at the moment. weak hands cashed in and have spooked the market.
    it was 40% oversubscribed at a dollar so there are definetly buyers about. but after todays action i think they believe they can get it cheaper.
 
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