recoop
Your post is spot on.
IPM is undervalued, so is
BPT at 84.5 cents
CVN at 33.5 analyst valuation 90-115
TAP 94 cents
OEX 72.5 (last valuation $2.50 - 3$ plus
COE 39 analyst valuation 91 cents
NXS 133 analyst vaulation 2.05
Thev have buckleys in cash, assets that will require their cash flow to develop. Its a good compnay but if one looks at oilers this week IPM would have been in the high 80s this week.
Now lets use the OEX example, if someone launched a takeover, under the same logic that cooper should pay full value of IPM, then one would need to pay 400% permium ofr OEX. Am I making the point. Analyst value means nothing in thismarket as you correctly point out , specially a report commissioned to defend a takeover
Perhaps IPMs full value is 2$, but really in this market that is very very irrelevant. Part of me hopes the takeover fails to prove a point. A market where IPM is in the mid $1 is market where COE is in the 70s, which would value IPM at closer to 2%
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Last
22.3¢ |
Change
-0.003(1.11%) |
Mkt cap ! $587.4M |
Open | High | Low | Value | Volume |
22.5¢ | 23.0¢ | 22.3¢ | $119.2K | 528.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 535219 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 61192 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 481379 | 0.220 |
13 | 295083 | 0.215 |
16 | 467270 | 0.210 |
7 | 646765 | 0.205 |
20 | 871035 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 8518 | 4 |
0.230 | 272203 | 15 |
0.235 | 683951 | 14 |
0.240 | 1773367 | 29 |
0.245 | 404938 | 10 |
Last trade - 10.46am 01/07/2024 (20 minute delay) ? |
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