ADT 0.26% $3.78 adriatic metals plc

That’s a daft comment IMHO, the ‘market’ didn’t like Afterpay a...

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    That’s a daft comment IMHO, the ‘market’ didn’t like Afterpay a couple of months ago when it fell to $8.50. How right was the market then?

    The PFS is telling us this is a strong buy, you only need the back of an envelope to work that out. The discount rate used is a very conservative 8% and at a NPV of US$1B gives you US$5 per share project value.

    If the market can’t get the share price right, a predator will emerge very quickly.


 
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