AYN 0.00% 0.1¢ alcyone resources ltd

quick valuation exercise for ayn, page-7

  1. 1,023 Posts.
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    Great post, isplicer. Much appreciated.

    Just wondering, why are you holding?

    Based on your valuation (which I can't pick a hole in), AYN is currently fairly to optimistically valued. The only reason it should go up would be a significant and prolonged increase in POS and/or a significant increase in the resource. Personally, I see scope for both of those, but it's hard to judge the probability.
 
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Currently unlisted public company.

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