Tommie,Normally it should be and ignoring the sp rise from 11c...

Tommie,

Normally it should be and ignoring the sp rise from 11c to 18c then it actually is.The problem as always is how to value BDX. Potential is worth hundreds of $ millions or even billions but income is zero. Therefore MC could be in the billions on potential but should be ZERO on income / profits. Plus, hardly any shares available to buy which means demand bigger than supply which creates the premium to the CR level. CR participants are unlikely to sell as they aren't the usual ones, hence the hunt for shares up to 15c. Hoping for EOFY selling and some expecting the sp going back to 10c could open the door for some 10c shares. But at this stage, unlikely.So, if you are asking indirectly " Should I buy now? " the best answer is use half of the funds and secure now and hope for the other half to buy for less. That way you would be covered in either case.

GLTA