Well one of my friends keeps referring me to the Fosters report for the fundamental value for RFN, so i thought i would make my own model using the same method to illustrate how the value could change drastically depending on what assumptions you made, and why the fosters $1.70 target was silly. It should have included a range of possible valuations.
In any case here is a link for anyone interested
http://s000.tinyupload.com/file_upl...266865&del_id=39444956861108520278&gk=hosting
By no means is this model perfect ( I have noted in the file a lot of the flaws and it is possible i have made mistakes as this was a very rough job)
Use at your own discretion, and do not use this as a strict guide or to make any investment decisions.
This is a fundamental value method and technical analysis could also be useful , and should also be considered.
Toy Valuation Model
Add 1TT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.006(75.0%) |
Mkt cap ! $5.273M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.4¢ | 0.9¢ | $26.05K | 2.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 140000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 305000 | 3 |
View Market Depth
| Last trade - 13.09pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.4¢ |
Change
0.006 ( 40.0 %) |
||||
| Open | High | Low | Volume | ||
| 1.0¢ | 1.4¢ | 0.9¢ | 193523 | ||
| Last updated 13.02pm 06/05/2024 ? | |||||
| 1TT (ASX) Chart |