RBC upgraded SAR to Outperform and slapped a price target of $3
Reading some recent posts and it appears that some are of the view that the stock was overpriced at $3. Would be great to get some thoughts and the rationale behind such assertions as I respectfully disagree with that. Doing some very basic calcs and based purely on NAV of the operating assets, exploration and net cash the NAV/share is north of $3.10...
This is copped an unfair smack down, off more than 25% off the highs and grossly over done and current share price offers ample valuation support and some..
Should see marginal buyers step up and take advantage of the current weakness.
- Forums
- ASX - By Stock
- SAR
- SAR Daily Price Discussion
SAR Daily Price Discussion, page-20
-
- There are more pages in this discussion • 850 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online