Hi Shumsta,
I disagree with your assessment of the fair value of Silex.
The steep ramp up is required due to the sharp dropoff in share price. I paid $4.09 for my first SLX shares in late 1999 and I also put considerable amount of money in at around 20c and all prices in between
I guess my point is a large rampup is only required to get back to fair market value because of the unreasonably large dropoff in share price that occurred. They weren't worth $4.09 in 1999 but they sure are now
Bocky71
MGAS
Chart, page-126
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Last
$4.21 |
Change
-0.040(0.94%) |
Mkt cap ! $997.2M | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.35 | $4.19 | $1.622M | 382.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10180 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 3000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SLX (ASX) Chart |