“You don't need to prove $200 is ridiculous or $500... or $1300. We all know. But, a share going from 20c to $20 in 2 years was also ridiculous at the time.”
No. They’re completely different.
There is a roughly defined asset now with a reasonable EBITDA estimate, realistically the asset can be treated as a perpetuity, which would otherwise be an ambit claim on many other tenements.
The most outlandish price claims are justified only on very low dividend yields and incredible increases in total revenue over one order of magnitude at a minimum without any further or easily absorbed capital costs.
“You don't need to prove $200 is ridiculous or $500... or $1300....
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.03 |
Change
-0.300(1.96%) |
Mkt cap ! $921.8M | |||
| Open | High | Low | Value | Volume |
| $15.25 | $15.31 | $14.62 | $5.870M | 390.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3800 | $15.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.17 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$14.98 |
Change
-0.300 ( 2.56 %) |
||||
| Open | High | Low | Volume | ||
| $14.89 | $15.28 | $14.64 | 19543 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| WA1 (ASX) Chart |
