Dear Darling,
Market value can be at any price. The SP is the present value of future cash flows. No one can predict the future accurately. It is a matter of perception and expectation. Iron price can rebound to the above $100 in next five years.
If you can predict the future, you will not hang in this forum. Unfortunately, you are nobody.
During HL T/O bid, fair value was $0.400. Can you justify it?
Dear Darling, Market value can be at any price. The SP is the...
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