ROB 0.00% 0.4¢ robe australia limited

nsasbear,I agree fundamentally this thing could be going up. I...

  1. 761 Posts.
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    nsasbear,
    I agree fundamentally this thing could be going up. I guess only if the market is prepared to pay for it. Depth shows that too many people are trapped on the wrong side for now.

    In the mean time, investors are a bit nervous about whats happening in europe and the US debt crisis so you can understand why "investors" tend to get out at any stupid price and way under enterprise value.

    I hope to hear back from you in 6 months time and good luck. I'll revisit this when it's say 60% off which 1.4 - 1.5 is a great re-entry for me if i'm prepared to risk anything in this market.

    Ice
 
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