RE: RE: Analyst coverage Stocks 15, the gold price and consequently the assets are expressed in US dollars thus the drop in the aus $ is irrelevant.
The analyst estimates the sales value at 22 million US dollar, 3% of NAV. The NAV therefore is estimated as 733.3 million, being 22 million divided by 0.03. The real sales value should therefore be in the vicinity of 700 million.
How the analyst considers the 22 million a reasonable sales value puzzles me.