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5.88%

18.0¢ pharmaust limited

Hopefully MT will have a valuation arranged in the near term.

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FloatingCity

632 Posts.

107

23/07/24

17:23

Post #: 74878517
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Originally posted by Jakjazz: ↑

Misleading.

Of course any valuation of the IP would impact the SP...not necessarily the day to day trading price but imagine if BP came knocking with a TO price of 20 cents per share and we have an IP valuation of $2/share.....you gonna sell. it also allows share owners to understand the potential value of their shareholdings so therefore less willing to sell at the current SP leading to a rise in the SP

Think of selling your house and you have a valuation 20% higher than what similar houses have sold for. Are you going to put the property on the market knowing the market will buy it at a 20% discount to the valuation. Unless you are desperate smart owners will hold and use the professional valuation as a marketing tool for the higher price.....just as PAA should.

A valuation avoids the potential for PAA to be sold dirt cheap to a BP crocodile. It will also influence the sales attitudes/pricing requirements of current holders. To say a reputable valuation will value PAA at its current SP is misleading and ignores the various rigorous valuation methodologies in favour of the simplistic current SP.

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Hopefully MT will have a valuation arranged in the near term.

PAA Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 18.0¢		Change 0.010(5.88%)		Mkt cap ! $87.51M

Open	High	Low	Value	Volume
17.5¢	18.5¢	17.5¢	$263.3K	1.468M

Buyers (Bids)

No.	Vol.	Price($)
9	547596	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	176169	5

View Market Depth

No.	Vol.	Price($)
9	547596	0.180
8	330024	0.175
10	246011	0.170
2	272747	0.165
6	525223	0.160

Price($)	Vol.	No.
0.185	176169	5
0.190	339233	6
0.195	243304	9
0.200	1170496	15
0.205	122000	1

Last trade - 12.16pm 26/08/2024 (20 minute delay)

PAA (ASX) Chart