AGS 0.00% 17.5¢ alliance resources limited

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-197

  1. 935 Posts.
    lightbulb Created with Sketch. 57
    Looks like you've used the $110m figure put out by AGS months ago & so-beloved by one particular poster who quotes it over & over & over again.

    You're using those numbers in a way they were never meant to be used. In my opinion, they were put out just to show the market that AGS was under-valued & to try to stop a panic sell-off. It obviously didn't work. The assumptions in that $110m scenario will NOT play out.

    No offense, but your valuation is a good example of GIGO. https://en.wikipedia.org/wiki/Garbage_in,_garbage_out

    I use that term NOT as a perjorative (or as a bait or in indignation), but simply to point out that you can't take demonstrably wrong inputs, wrap them in some algorithm & then expect that output to be useful.
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.