According to Morningstar who do investment ratings for Aussie stocks down in Australa, SMN is worth 70 cents Fair Value. There is limited coverage from other brokers such as Wilsons and others so the Morningstar Fair Value of 70 cents appears to hold.
Chris Stott who has now moved to 1851 Capital (since his $2 AUD SMN call at a prior organization) according to the broker lists last had a $2 AUD price tag but that was when he was at another brokerage.
So the Morningstar 70 cents Fair Value appears to be the one that the websites use to say SMN is undervalued. the dilution needs to be factored in due to the Insto Offer and SPP.
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