Farsight,
Sorry for the delay in replying, I have gone into my do nothing phase.
My fair value calc was taken direct from the ASX site which does include volatility as a major factor. In fact, if anything and given the OCH prepensity for overstating their premium margins, I believe that my calculations were higher than the real figure. That however, is purely acedemic as I have decided to hibernate until this fincial is over.
For what its worth I remain bearish
JWM
tuesdays tape , page-97
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |