GREY:ADEXF - Post by User
Comment by
VENManon Jan 30, 2012 7:30pm
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Post# 19467577
RE: Venman 1% analysis
RE: Venman 1% analysis yea, i would use 18% cut-off for ADI and place a value of over $1 billion or $6 a share on ADI. I'm sure the boys and girls buying it at a buck think for sure its going to $6 and if that happens then AXI moves to $1.50 all things being equal. Hello, ADI is so under valued right now its not funny. The valuations for AXI and ADI should be much higher and in normal markets they would be. Just my 2 cents! why else would investors be buying shares right now. I think its just nuts to think that AXI and ADI are trading at fair valuations right now. Both AXI and ADI are trading at valuations no more than what they have invested. Its nuts. There is no way a company invests $40 million to prove up hundreds of million of tonnes of iron ore or $ hundreds of millions to prove up billions of tonnes of iron ore and the market gives them no return for that on their market cap. Their market cap trades at no more than what they have invested with no return on that investment. Come on, its a joke. How long can this go on?