Welcome aboard Eqz. You've been red-pilled!!
I have come to the conclusion that there is nothing rational in the market until there are dividends. ARL has $26billion IGV at the Cobalt Zone, and around $100billion for KNP. Then there are its outlying resources that are not even being considered as part of the main play. So we are currently valued at around .1% of our IGV. Which is absurd. True valuations come with dividends. Once a company distributes funds, the market will judge it to be 10-15x its total dividend imputation. Until then, it's always going to be frustrating guesswork.
Anyway, you give us hope. If an AUZ refugee can be red-pilled, the whole market can.
All the best.
BE
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1 | 8000 | 0.370 |
1 | 10000 | 0.365 |
1 | 5000 | 0.360 |
1 | 8 | 0.355 |
Price($) | Vol. | No. |
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0.400 | 1729 | 1 |
0.420 | 12300 | 1 |
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