TRF
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0.00% 1.9¢ trafford resources limited

The current market is not particularly good at valuation. I...

  1. slapstick99
    102 Posts.
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    29/03/07
    11:11
    Post #: 2311933
    The current market is not particularly good at valuation. I agree TRF is comparatively cheap, but so are many others.

    Take MZM for example, $6m market cap, $3.2M in the bank, uranium, gold and base metals in the portfolio, great board etc. Very undervalued.

    Conversely look at others like FAS - something like $80M market cap, $5M in the bank, and pretty average assets. Very overvalued.

    The market is a strange creature!
    TRF Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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