I think you look for positives in a negative situation.Same in...

I think you look for positives in a negative situation.
Same in Real estate. I built a project and we were hoping to make $100-$200K but the market dictated a nominal profit and we can call that a break even or a loss whatever makes the analogy work for you. we sold for $1.25 mill and we were hoping for $1.45mil but now i can look at $1 mill for a project that prior was worth $1.2mill and aim to make $200k. If the market has dropped again the same process will happen until there is a turn around in the market.

So LLL is at 50% of its former price.
but wc8 is down from 80c to 33c
and WR1 is down from $2 to 80c

hope this makes sense