LGL 2.52% $1.43 lynch group holdings limited

seriously oversold, page-6

  1. 82 Posts.
    from80
    "coz that was about fair value on mondays trading prices."
    Could you please tell me how you work out "fair value" for this company's (or any other's for that matter) share price relative to the price of gold. Do you have some kind of formula for that ?
    I didn't fully understand your explanation,
    "I read somewhere that the recent 25% XMJ correction + the recent 15% correction = a total of 45% which is about the amount LGL has lost since march. so if this argument is true which it is then why is it that when LGL was at a yearly 2007 low of 2.74 on august 17th last year and since then the XMJ is up 10% and gold is 30% higher which = 40% combined which means fair value should be 2.74 *1.4 = $3.84."
    Sorry, bit I'm a bit of a thicko when it comes to some of the jargon ! Also what is XMJ ? Thanks.
 
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$1.43
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$1.50 13445 1
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