What do you (or your guts respectively) mean with that - and who is "we"?
If you are referring to you and I - well, I definitely hope to still be around in 12 months time ...
If you are referring to TAP ... what do you expect to happen? Low ball takeover offer from Risco / Chatchai might be possible. Question is - are there enough desperate shareholders around to sell our company below what it is worth?
Just updated my DCF (just based on Manora) ... and if we assume for this year an average sell price of US$58 (I think this was the number in the recent report), next year US$60 and after that a slow increase over 4 years to $80, than TAP should still be worth 39US cents (A$0.53) per share.
Not sure, whether I would be prepared to sell below this price. Would you?
TAP Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
