"..NKP has a known valuation on it of $1.40 .."There are many...

"..NKP has a known valuation on it of $1.40 .."

There are many ASX listed companies that have valuations far in excess of the sp. Big so what to that, especially to NKP sponsored research.

Last week NKP was in the mid 60s. It is now in the mid 50s.
Would it be be a better buy (if) in the mid 40s ?
Would it be a worse buy (if) in the mid 80s ?

We do not know the X valuation. That is what matters. Obviously not as high as 140, else a deal would have already been consummated.

I still suspects that a deal is more distant than anyone suspects.