Correct
I was not implying that would be the value per share
The oil in my scenario becomes an asset and forms part of the intrinsic value of PCL. Thus any takeover would need to be around a price range based on oil that can be recovered in this scenario.
Any stock trading below its intrinsic value is be a bargain. Most blue chip stocks trade at multiples of intrinsic value.
Happy to be corrected.
Crap posting goes here, page-58
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $31.89K | 1.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 9653699 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 5299084 | 11 |
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| Last trade - 12.47pm 22/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |