Not disagreeing with the figures above but to me the valuation of both MMR and BPH seems fair.
Taking BenBenBen's figures of MMR: 50.06% and BPH: 23.307%
The ratio of shares on issue is 156M / 206M = 0.757
And a tax rate on profits of 0.42
So if you hold 10000 and it doubles, you only gain $5800.
The final ratios come out to be 0.5006 for MMR and 0.2331 X 0.757 X 0.58 = 0.1023
This is approximately a 5:1 ratio in valuation and reflects the current prices of 70c for MMR and 14c for BPH.
1 mmr=5 bph = market is crazy, page-22
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $24.10M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $24.69K | 1.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 63445 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 4969575 | 12 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| BPH (ASX) Chart |