Share price - General Discussion, page-2132

Earlier this year Pensana said its closest competitor by output was US mining and refiner firm MP Materials

MP is worth today US$4.77bn.

Pensana is worth US$287,258,730.6 (at a UK closing price of £1.04 and a GBP/USD exchange rate of 1.36).

So, MP Materials are worth (give or take a cent or two) 16 times as much as Pensana.

Wow, wow and wow!!!

Now, either MP is severely overvalued or we are severely undervalued. Let's meet in the middle, say true differential MP Materials is worth 8 times more than Pensana (which it isn't). That would still leave you with a share price of £8.32 or AUD14.72 (at rate of 1.77).

I was right about Humber, I also told you about the new stockbroker being engaged to target institutions (ahead of announcement [for which I incurred a HotCopper one week suspension - I don't know why...]). So, let's hope I am right about our massive share price disparity. My 35+ years in the City taught me that disparities will nearly always catch up - eventually. 2021 is going to be one hell of a ride!!!