AAD 0.00% $1.49 ardent leisure group

close over $2, page-7

  1. 163 Posts.
    What maths did you use to get 1/3 of its value? When the accident occurred the SP was at $2.60 meaning it hasn't even lost 1/4 of its value. At $2.60 APO was trading at a high premium, I think $2.40 would be fair value for their growth rate. Now with this accident I think fair value is around $2 until the investigation is finalised the result will dictate if the SP rises or gets smash further.

    I won't be investing until the investigation is complete, its more like gambling until then.
 
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