Climes "Stocks in Value" had a fair value price on SKE of $2.12. No doubt, they are reviewing this in the light of the half yearly, so it will be interesting to see if they rejig it up or down. I suspect down, but by how much?
Fair value has little to do with market price, but its a reasonable measure as to whether you're paying way over the odds, or way under, market sentiment excluded.
SKE half yearly, page-68
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