ADY
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8.33% 1.1¢ admiralty resources nl.

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  1. aussiedoc
    677 Posts.
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    20/12/04
    15:46
    Post #: 724638
    the valuation of the stock was based on 8x earnings, because the average price/earnings ratio is 8 for the sector. However, they didn't use earnings in the calcuation, they used a NPV... *reading document again*.. which appears to be a valuation of the project. Not the same as earnings of a project. Also, 8 is a random number, and again, may not be the most reliable multiple to use.
    Do others agree?
    ADY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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1.1¢ 		Change
-0.001(8.33%) 		Mkt cap ! $17.92M
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1.1¢ 1.1¢ 1.1¢ $1.125K 102.3K

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1 14723 1.1¢
 

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1.2¢ 490165 1
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