DNK 0.00% 31.7¢ danakali limited

Fair valuation

  1. 1,817 Posts.
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    Which share price is fair at the moment?

    Bell Potter said 1.19 AUD in July. The market says 0.75c. I don't like that and many investors are irritated.

    DNK is an Explorer. The risk has decreased with the license, the financing (probably secured?!) and the purchase agreement. DNK is no longer attractive for speculators. The big investors are waiting to get in at the right time.

    Each of us knows the Chart

    Screenshot_20181210-085123.jpg

    Maybe the buy and hold strategy no longer works today. Everyone has to make their own decision. Once you've decided to buy and hold, you shouldn't complain about the stock price. 2018 has generally been a very difficult year for us small investors. At some point I get up in the morning and tell myself, yes, that's a fair share price for DNK. Whenever
 
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