management thinks SP is cheap but can't say why they think it's cheap?
how bizarre!
i think current SP is actually overvalued & can say why:
the fair value of FFG's assets is only $14.67M as follows, but the MC is almost $40M!
in what world is $14.67M fair value to $40M MC undervalued!
& the risk here is so large that i'd expect a discount to net assets not a +200% premium, especially considering the assets aren't even liquid: just imagine what would happen to ICI if FFG dumped its 5M ICI shares (it would crash Abelco's value as they hold 187M ICI shares)
& expenses are through the roof
- Forums
- ASX - By Stock
- FFG
- Ffg bounce back
Ffg bounce back, page-24
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.002(14.3%) |
Mkt cap ! $16.87M |
Open | High | Low | Value | Volume |
1.0¢ | 1.2¢ | 1.0¢ | $44.16K | 3.825M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5136802 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 119193 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 4886802 | 0.011 |
33 | 7114871 | 0.010 |
8 | 1955222 | 0.009 |
9 | 1885000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 119193 | 5 |
0.013 | 2415248 | 10 |
0.014 | 1746666 | 5 |
0.015 | 2221957 | 9 |
0.016 | 1814029 | 7 |
Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
Featured News
FFG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online