Hi EW
for me the logic for the current rally is twofold;
1. followers of the strategic investors
2. the fundamentals.
1 adds a short term kicker over the coming weeks.
2 drives growth for years as the market digests the true potential. This business is now fundamentally worth a discounted and risked valuation of its market or buyout value. IMHO that market or buyout value under the 5-path strategy is $US2B+ for AML and then multiples for BC and OC. The COH paper adds an entire new path (actually more like a multi-lane Highway than a path). At this stage I choose $US5B as a peg in the sand on the valuation that could range from $US2B to potentially orders of magnitude higher than that.
For me, a share price above $5 this month or next would be a bit toppy but anywhere below that I'm a "buy" until Christmas.
Based on a personal view of risk and the discount rate an individual would like to use you can imply a share price today. I challenge anyone to come up with a logical and consistent FA that gives a share price valuation for today that's below $4; it will be a good leveler for the forum.
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Last
$1.70 |
Change
0.050(3.03%) |
Mkt cap ! $289.6M |
Open | High | Low | Value | Volume |
$1.66 | $1.70 | $1.63 | $181.9K | 109.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11946 | $1.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.75 | 27579 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6605 | 1.635 |
1 | 10752 | 1.615 |
2 | 20016 | 1.610 |
2 | 21000 | 1.600 |
1 | 1279 | 1.555 |
Price($) | Vol. | No. |
---|---|---|
1.750 | 14579 | 3 |
1.755 | 990 | 1 |
1.760 | 500 | 1 |
1.800 | 824 | 2 |
1.820 | 4000 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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