ALB 0.00% 4.5¢ albion resources limited

fair price is 15 dollars

  1. 5,278 Posts.
    lightbulb Created with Sketch. 145
    Considering that they have heaps of upside and they will be making 300% profit. 10000 tons makes 150million before tax profit with a pe ratio of 10 the share price would be
    $9.30 and you must also factor in the ground and other pojects they have. I would consider $15 too cheap for albidon. Long term this will be a monster.
    The trouble with analyst valuation is that they only consider the present so if the canadian bank consider they are worth $5 today they are right but their valuation is fundametally flawed because it doesnt take into account near term earnings.
 
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