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So Morningstar's "fair value" is now 76c. I know they are not...

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    lightbulb Created with Sketch. 20
    So Morningstar's "fair value" is now 76c. I know they are not worth the screen pixel's they take up and no doubt vary with shoe size. Whatever, there is also some element of trend calculation in there, so to me the fact that it's higher is potentially meaningful.

    But, at that price the Market cap' would still be only ~$82m. Yeah nah. That won't do it.

    I wonder what Morningstar's fair value will be when the price is 76c? It sure as hell won't still be 76c. I'm guessing it wont be going lower.
 
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