This has a bit more to fall yet to reach fair value. The price CRW was listed at assumed huge growth - unfortunately this has not occured and thus CRW must come down to fair value price of sub $1.00. CRW is posting a loss of $14m each half year (up 212% from the last period). Net tangible assets at $31m, or $0.39c/share. In the absence of growth, I fear investors are beggining to price this company on an asset basis.
CRW Price at posting:
$1.33 Sentiment: None Disclosure: Not Held