It seems Morningstar agree with your price.
Additionally, I'd like to point out that for every $1 ABE spends on marketing, they make an average return of $7.27 <-- page 31 of replacement prospectus.
I do hope they can market this business right because there is a serious amount of money to be made if done correctly. Liquidity is a little bit of an issue espeically with the top 20 holding 77.94% and all. Just means it goes up faster!
Cheers,
Dalto24
Valuation, page-9
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
