FDM 0.00% 1.1¢ freedom oil and gas ltd

Not even close Paul100.You say: MAD is "extremely overvalued" at...

  1. 269 Posts.
    Not even close Paul100.

    You say: MAD is "extremely overvalued" at $1.33.

    I say: MAD is undervalued at current levels and increased production is the last piece in the puzzle to unlocking MAD's true value.

    There is a VERY big difference.

    MAD's share price is only 15% lower than when you posted in your elderly wisdom at $1.33 ... yet, you want a standing ovation for being 'right' in saying it was "extremely overvalued" at $1.33. If MAD gets back to 40 cents, maybe... but not at $1.13.

    Didn't you also say that PGI was you tip of the year when it was 16.5 cents? Well, it has also cooled off 15% to 14 cents. You haven't said much about that though have you.

    By the way, I tend to bury my elders.

    Good luck getting in on MAD at your target price. I hope you do actually get in because I look forward to comparing the value of our respective MAD holdings in a few years time - I'm pretty sure you will be calling me a hot shot again, but for all the right reasons this time.
 
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