Valuations are meaningless.
They mean nothing at all.
For a very long time Warnambool Cheese was worth $1
Then someone decided they wanted to buy them.
So they went to $2
Then someone else decided they wanted to buy them at twice their previous price.
Then a dream bidding dual ensued and the winning bid was $10 a share.
How did a company that for so long had been valued on fundamentals at $1 a share find itself valued at 10 times that value?
That is our dream result.
A T/O bidding dual between 3 of the 7 sisters and a mysterious Chinese government owned, Communist party backed entity.
Value is realised when you have a very valuable asset that lots of big companies want to buy.
Far spreadsheet 500mb table interim DEC 2015 update, page-23
-
- There are more pages in this discussion • 47 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 FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |