My guestimation on rew/risk ratio for PTU, NXE, FCU My guestimation on rew/risk ratio for PTU, NXE, FCU
Based on my limited knowledge and based on current share price if buy shares now, my guestimation model -
Rew X possibility / Risk = R/R ratio (in 3-6 month)
PTU 100% X (7/3) / -30% = 7.8 (if no huge finding, out at 12c)
700% X (2/8) / -30% = 5.8 (if hope for major finding)
NXE 400% X (3/7) / -30% = 5.7
FCU 100% X (6/4) / -30% = 5.0 (only insider can predict M&A)
All 3 have very good RR ratio, in fact they are the best among 200 companies that I screened.
However, since M&A are not predictable for me, although I expect DML may take action to merge it. IF no M&A, FCU may follow UEX's route stay there for years. In fact, from FCU chart, I guess profit-taking has started. Hence I personally prefer PTU & NXE at current prices.
JMHO
attached: house position for FCU in last 6 trading days
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