Bar, 4/1 WAR can only be a good price if the individual thinks that Dunguib is already as good as the likes of Binocular, Hurricane Fly, Zaynar, Solwhit and Celestial Halo.......or is confident that he will progress past them.
Dunguib clearly does not have the form in the book to match any of the above candidates, so anyone backing him at the price must expect him to progress past them. Given the race will (imo) take around a 170 performance to win it, Dunguib will need to run to a mark around a stone higher than a genuinely high-class novice would usually achieve.
Basically, Powers are asking punters to take 4/1 that Dunguib is a stone better horse than the likes of Hurricane Fly, Binocular, Monsignor, Barton, French Holly etc etc were at the end of their novice seasons.
I stand by my original statement - it's a joke price.