If we take a conservative valuation of TAP at 2.30 then it is trading at a small NPV premium of less than 20%. It is common for oil companies to be trading at modest premiums of 30%. During the late 90's it was commonplace during that oil boom for shares to trade at 50-100% premiums. What does this mean? It means that TAP is cheap by comparison to other companies.
- Forums
- ASX - By Stock
- npv
If we take a conservative valuation of TAP at 2.30 then it is...
Featured News
Add TAP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online