You don't know about grades. You don't know about production costs. You don't know anything about expansion plans. You don't know how much spod has/will be shipped. You don't know about debt levels, interest costs & repayments.
Yet you believe both companies should have the same valuation because "they both started production at the same time." Wow, just wow. You know what? Perhaps they could have the same valuation, but SYA won't rise, LTR could fall. Who knows, I'm no expert either.
That's why I'm the "grasshopper" remember? If I'm "grasshopper" then you must be "Master." All knowing & powerful, won't you teach me your ways oh wise one.
Given you calculate valuations of ASX listed companies based on when they started production, then I assume you pick the fastest cars based on colour. Right? Red cars go faster?
SYA Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
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