Happy day.
I think fair value is $1.20 - $1.50 - and depending on what discounts you apply to JV + asset base possibly $2.06.
I believe short term price will settle @ $1.20 odd - this is based on some of the intrinsic value calculations made by KG - but also based on the emotive valuation that Singapore just bought a cornerstone stake @ $1.25 ...
KNOWING that the rights issue was coming up etc etc.
So I suspect good medium term support at this level.
up 10 percent today, page-3
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Last
$4.71 |
Change
0.000(0.00%) |
Mkt cap ! $9.022B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.72 | $4.67 | $26.34M | 5.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30060 | $4.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.71 | 15304 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| GPT (ASX) Chart |