My calculations indicate that over the past 12 months the daily average difference between the closing share price and the estimated NTA of CHO is around 1.67% (a small discount).
Based on today's close of $4.99, CHO is trading at a discount of around 8.22% to NTA.
This is 6.55% more than the average discount to NTA and is at the extremes of the range.
This confirms to me that CHO is currently a strong buy and I predict it will break through resistance at $5 tomorrow or early next week.
Dreamcatcher
CHO Price at posting:
$4.99 Sentiment: ST Buy Disclosure: Held
