???what's it worth competition???, page-4

Not enough information has been provided, however, to hazard a guess, somewhere in the 2-5c range, with 4c being the likely price (assuming sub-20 volatility in the share price).

Missing information includes:
- dividend rate;
- volatility;
- risk free rate of return.

Only volatility gets above the mid-20 range, the price goes up (ie: nearer 11c @30%, etc on a zero dividend rate, or 10c on a 2% dividend rate).