AVM 0.00% 2.2¢ advance metals limited

85c, page-5

  1. 2,243 Posts.
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    Hi Khwerend

    Well it all depends what p/e you believe is correct for this business. If a p/e of 2.7x annualised current qtr earnings is right then its fully valued. If however its peer group is trading at say 7x then you would say it is trading at 38% of its value and fair price would be $2.20.

    Of course this doesn't take into account any discounts for sovereign risk etc.

    Zinc

 
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