Not disagreeing with the figures above but to me the valuation of both MMR and BPH seems fair.
Taking BenBenBen's figures of MMR: 50.06% and BPH: 23.307%
The ratio of shares on issue is 156M / 206M = 0.757
And a tax rate on profits of 0.42
So if you hold 10000 and it doubles, you only gain $5800.
The final ratios come out to be 0.5006 for MMR and 0.2331 X 0.757 X 0.58 = 0.1023
This is approximately a 5:1 ratio in valuation and reflects the current prices of 70c for MMR and 14c for BPH.
1 mmr=5 bph = market is crazy, page-22
Add BPH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.46M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $19.12K | 1.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 4728907 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 936819 | 7 |
View Market Depth
| Last trade - 14.56pm 02/12/2024 (20 minute delay) ? |
| BPH (ASX) Chart |
