WC8 4.76% 30.0¢ wildcat resources limited

Morningstar fair value estimate $1.02 on WildCat, page-3

  1. 1,589 Posts.
    lightbulb Created with Sketch. 1020
    That may be so tfe man … but as an ASIC licensed organisation I assume they still need to have a ‘reasonable basis’ for making such a positive statement.

    my question then is … on what basis/process is their algorithm suggesting that the ‘fair valuation’ pricing is ~100% higher than current?

    is it based on charts?
    is is based on drill results?
    is it based on broker research?
    is it based on AI modelling that takes all into consideration?

    It just doesn’t feel right that such numbers can be just guesses with no basis or substantuation.
 
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Last
30.0¢
Change
-0.015(4.76%)
Mkt cap ! $361.9M
Open High Low Value Volume
30.5¢ 31.3¢ 30.0¢ $501.0K 1.645M

Buyers (Bids)

No. Vol. Price($)
2 4819 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 50000 2
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
WC8 (ASX) Chart
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