RRP 0.00% 8.5¢ realm resources limited

PE Ratio for industry

  1. 904 Posts.
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    As a long term shareholder, I compared other players in the industry,
    based on a PE ratio, to reflect fair value for RRP.

    Came up with 10.99, 10.14, 9.32, 10.31 on data available at asx.com.au., 21/06/18.
    That averages out at 10.19, which makes the current offer by T2, undervalued.

    I hold less than 100k of RRP, and have held for over a year, and have nothing but
    contempt for TAURUS, because of their usury and total disregard for shareholders.

    If Taurus offered $1.60, I would have sold, but, now, based on industry standards,
    will be happy to lose the entire investment, if i do not get more than $2.03.

    Can someone please quantify the PE ratio for RRP based on that price, or perhaps,
    give an indicative PE ratio reflective to the industry standard.

    ADANI tried to, dare I say, put pressure on the QLD Government to mine.
    Think they wanted $1B, just to start operations. Now we have TAURUS.

    Do some research, and you will be surprised about the corporate structure of taurus.

    Hold tight, because, I believe a third party may enter the fray.
    Anyway, whatever the result, my portfolio will not have CGT on RRP, and if it doesn't
    happen, will use the loss against capital gains. SIMPLE.
 
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