Hi,UK investor here following some analysis of MTR. I look at valuation disparities between UK and ASX and this came on my radar.
AIM is choosing to value MTR's 30% stake in BOT at about GBP3.5m whereas ASX is choosing to value MOD's 70% stake at about GBP60m
I'm new to MOD so would appreciate any comments on the valuation disparity. On the face of it MTR looks well undervalued
Thanks