ALK 2.91% 53.0¢ alkane resources limited

Do you think RaaS Advisory 29 Feb 2024 (2nd last para) is a...

  1. 227 Posts.
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    Do you think RaaS Advisory 29 Feb 2024 (2nd last para) is a typo, or do I misunderstand?

    "[ALK] ... currently priced at a ~40% premium to ... peer multiple" -- should this read "~40% discount" (bargain)?

    If ALK was priced at 48c on 29 Feb, adding back a 40% discount would lift the price to 80c, whereas subtracting a 40% premium would reduce 48c to 29c???

    I surely hope SaaS is not printed right.
 
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