For what it is worth .................................
NEU has around 130m shares issued; DXB has about 430m or 3.31x as many.
NEU market cap about $3.15bn with the shares trading around $25. Should DXB ever be valued at that level then the SP at that time may be estimated by dividing $25 by 3.31 to derive a price around $7.50.
How far away is 'ever'? Well the NEU SP was around $1- in March 2020 and it had reached $1.80 by end Nov 2021. Its march upwards since then has been marked by 3 near vertical strong uplifts to the present $25.
These two companies are not identical by any means and lots can change in a short time!
DXB Chart, page-538
-
- There are more pages in this discussion • 703 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $255.8M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 48.5¢ | 46.5¢ | $1.514M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 121059 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 106197 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DXB (ASX) Chart |