The model is a DCF based on LOM. So it is essentially saying with no new assets the company's future earnings are $0.80. Probably needs some sort of discount rate in there too if not already there.
Saw the below on a * article, I wonder what these prices would do to the model?
Ausbil sees stocks markets continue to charge in the credit-fuelled post-Covid economy. But the portfolio managers of its Global Resources Fund are not so bullish on iron ore prices, which they see tapering to US$170/t over the second half of the year before sliding to US$140/t in 2022 and US$110/t in 2023.
FEX Valuation, page-4
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $218.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.0¢ | $184.0K | 581.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 158934 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 8616 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.005 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 31.5¢ | 388999 | ||
| Last updated 15.22pm 21/05/2024 ? | |||||
| FEX (ASX) Chart |