fosters report, page-10

Because CFFE is not fully understood by Mr Market, it has been undervalued on the fundamentals for quite some time . In particular, the changed business model to guarantee a steady flow of royalties to go with the disposals of assets is a master-stroke . However, despite the feverish speculation about how much we might or might not get for Marampa, the omnipotent Mr Market tells us that a CFE share is worth 57 cents . And if you look at the present market depth, buyers and sellers seem equally coalesced around this point .
So I suggest that there will not be a general re-rating until the Marampa story plays out a little more . I personally believe it, but am a little bit wary of Tony's exhuberance.
Let's wait and see,.

FYI my " back of the envelope " calculations have a fair value in the 90 cents to $ 1.10 range. We shall see.