GREY:WFEMF - Post by User
Comment by
ark88on Dec 12, 2012 12:03pm
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Post# 20719679
RE: RE: RE: RE: U.S.: HIGHLY PROVOCATIVE ACT:
RE: RE: RE: RE: U.S.: HIGHLY PROVOCATIVE ACT: As a shareholder of WOF, it is a cause for concern, but I'm certainly not going to panic.
South Korea has managed to develop their economy to world's 15th largest, doing it in an environment of "state of war" with the North since the early Fifties. It's all part of doing business in South Korea and one should accept this fact when investing in companies doing business there. The stock market is an efficient instrument for quantifying the unquantifiable through it's discounting mechanism. I have no doubt that all of this will be reflected in the SP of WOF. Should the deal with IMC come to pass, I also have no doubt that even with discounting, the SP will be a lot higher than it is today. GLTA