How can i sell SEA.AX and get money back?, page-46

MMP ... let me "reverse" one of your earlier statements

"MMP you can't turn completely positive now you bought more of your hldng in SNDE -
just because of dirt cheap redom shares - LOL"

IMO, the redom "price" for comparison purposes is close the day prior to making the redom announcement versus the close the day after the announcement.. and if you want a cockamamy story you have one in spades right there. In case it's been forgotten, SEA.AX dropped ~40% at one point the day after the cockamamy redom announcement.



Before cockamamy announcement price = 26cps
After cockamamy annoucement price = 19.5cps

IMO Not quite back to where we started from ... but close @BrightGreenGlow

Simply not worth the effort of finding the multiple that confirms the thesis ... I think you have to look at multiple multiples.

My point was simply that you are being "fed" selective "valuation" e.g. the SEC PV-10 example which I think I've explained in reasonable detail.

Lots of US oil stocks screen cheap. And as you say "if all things fall into place" then the payoff is good.

Its easier to feed the punters the good news story. Please continue.