This is significant coming from UBS as they floated BNB and enjoy a very close relationship. So to reduce their value from $25 a share to $6.80 makes a major statement abount BNB.
So at this point in time where the sp is at $5.25 and a 'fair valuation' is $6.80 p/s, they are undervalued by at least 23%. Sounds about right to me, ignoring the hysterical and largely irrational overselling that has been going on
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This is significant coming from UBS as they floated BNB and...
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