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They don't seem to be able to tell the difference between."it...

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Christos12

3,781 Posts.

331

10/09/20

11:50

Post #: 47235005
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Originally posted by dalglishk: ↑

Hi DDD,

Thanks for your kind thoughts.

Yes i was out of Kindy in 2000. I remember getting Melbourne IT shares when they floated for $2.20 ( was a customer of JB Were and they gave me a firm allocation in this float along with TLS and SUN as well as others ) from memory and in a couple of months they were $17. I took some profits on the way up and did ok out of the dot com boom.

I still don't understand the logic. cutty says it can't be valued, you agree but then value it and your convection is so high you have to post many times on a forum about it.

Anyway each to their own.

Cheers,

Dalgs

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They don't seem to be able to tell the difference between.
"it can't be valued"
and
"I don't know how to value it".

Brokers (BP, GS, Citi) have been valuing it quite accurately since IPO, as have I. The most respected valuation expert in the world wrote a paper on how to value these types of companies. It absolutely can be valued.

Last edited by Christos12: 10/09/20

APT Price at posting: $77.36 Sentiment: Buy Disclosure: Held
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