I have a bad habit of attempting to apply my own logic to any given situation. Stubborn individualist I guess unless the counter argument is too compelling that is.
I will purchase the book you suggest.
I wish I understood your concern with CBAWGN intrinsic value to me that’s the first place to start with any attempt at a valuation model. I do realize that there are other factors in play and should be considered in any valuation model but it’s not an exact science is it? Well maybe it is.
If you don’t think CBA is fundamentally undervalued at the current price and the market is likely to correct that in the short term then you shouldn’t be buying any of the call warrants on offer.
Please don’t read anything into my comments that could be construed as insulting or discounting your knowledge on the subject. I value anyone attempts to impart knowledge in a clear and concise way.
