why the 8% drop please tell me, page-2

IMHO worth a third of what its fair value is using the assets as a guide and its historical SPs. Europe is not in as much trouble as the Australian media makes out. Italy and Spain are in a mess but the rest of Europe is OK. France has lost its underclass to some degree in the arrondissements but that should not negatively impact URW to the degree that the ASX believes.

So IMHO URW is a buy on weakness and a turnarond play as it has been oversold over the last three to six months. When the ASX as a market understands it, URW will go back to the levels it traded at during its inception on the market if not exceed them IMHO.