forge valuation , page-9

Thanks for your honesty, Browny. I've only been involved in this a couple of years and it's been a steep learning curve - and bloody! - always nice to hear I'm not the only one who makes mistakes.
Of course FGE isn't 'worth' 12 bucks - that figure is derived with no consideration for the stock's circumstances ie it's in mining services primarily...the $12.74 is derived purely from the fantastic last earnings result.
Maybe Forge will get down round $4, where it's found support twice before and then everyone with some cash can load up for the ride back up?
GLTA