But Morgans...............
Valuation update Our target price lifts from $9.99ps to $10.19ps as a result of our forecast changes, and then to $10.34ps as we roll-forward our valuation to June 2017. Note our forecasts and target price valuation do not include proposed but uncommitted expansion projects. This includes the Western Distributor project which, if it proceeds, could add 60-70 cps to our valuation. Note also that the DCF valuation includes an assumed 4% pa risk free rate. Reducing the risk free rate assumption to align with current 10 year bond rates, and holding all else constant, would lift our valuation to about $13.91 per share
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Last
$13.67 |
Change
-0.040(0.29%) |
Mkt cap ! $42.42B | |||
| Open | High | Low | Value | Volume |
| $13.64 | $13.74 | $13.60 | $40.77M | 2.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45717 | $13.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.69 | 4318 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TCL (ASX) Chart |