WLD
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5.56% 3.8¢ wellard limited

down 50% on a small % downgrade

  1. tbecker101
    1,796 Posts.
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    03/03/16
    17:29
    Post #: 17180612
    assuming some of the downgrade was timing issue on late delivery vessel, then the downgrade is considerably less, only a few %, and in fy17 will be made up by shearer and kelpie...

    So in this market, a 10-15% downgrade will equate to total capital loss? what kind of market is this...

    like stephcn i bought a lot at IPO and am shocked to see this...
    Last edited by tbecker101: 03/03/16
    WLD Price at posting: 72.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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