Good research but I don't think a PE of 5 is realistic. These prices will not hold long term. More likely a long term average iron ore price less than half the current level and apply a PE of 8 to 10 at those earnings. Then assume 1 more year at current levels of earnings before prices drop. Is your model able to run that scenario and give a share price?
GRR Valuation, page-97
-
- There are more pages in this discussion • 403 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 GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |