I've had a quick look at other comparables (LICs focused on small/nano/VC) listed on the ASX. Understandably, there does seem to be a correlation with scale (market capitalisation) and the SP/NTA discount. This is likely because larger scale is correlated with success (growth over time), longevity, and also a lower expense ratio (MER). However, even when accounting for that, PVL appears to be very cheap with a discount much higher (~45% discount) than what should be expected (~22% discount) based on the trend line (see the scatter plot below). A 22% discount to 9c NTA would be a share price of ~7c.
- Forums
- ASX - By Stock
- PVL
- Ann: Strategic Review & Corporate Update
Ann: Strategic Review & Corporate Update, page-8
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.192M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43478 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43478 | 0.046 |
1 | 71428 | 0.042 |
1 | 365853 | 0.041 |
2 | 116426 | 0.040 |
1 | 100099 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 40000 | 1 |
0.049 | 90311 | 2 |
0.061 | 40475 | 1 |
0.069 | 84745 | 1 |
0.078 | 55000 | 1 |
Last trade - 16.12pm 21/05/2024 (20 minute delay) ? |
Featured News
PVL (ASX) Chart |
Day chart unavailable
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online