"Why is it 7% and not 10% or 4%? Or for that matter 20%?
In my view risked valuations are nothing more than mumbo jumbo."
The market needs a base to work from in determining an appropriate pre drill price for the stock
If I buy a high risk spec stock like EMR for say 15cps, I would be hoping to sell down to free carry at 20cps+.
Mumbo jumbo numbers have an effect if they come from credible sources and Strachan does have a following.
I think EMR sp has already reached its risked pre drill valuation but wont be surprised if the punters push it up a bit more.
stockanalysis valuation canning basin, page-6
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.73 |
Change
-0.080(2.10%) |
Mkt cap ! $2.450B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.80 | $3.70 | $2.658M | 711.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4480 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 6481 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| EMR (ASX) Chart |