I'm also trying to find out where I said you would only sell if it opens at 18c.
I said you would sell at 18c which naturally you will since you are expecting a lower open. So my question was what at what price will you refuse to sell.
Maybe an extreme example will get you thinking.
If it opens at 1c are you going to sell? My guess is no. That means your valuation of AB1 shares is at least 1c. Now work your way up to a point where you are happy to sell and there is your valuation.
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Thank You Management, page-15
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