Comparitive AnalysisI have been crunching some numbers comparing MOA with Etruscan and Aber Resources and have come up with interesting net equity (book valuations) on each company vs. there current market price. It is certainly not unusual for these two prices to be far apart as many shares sell for considerably less than their equity value, while others sell far in excess. Although a per share equity or book value figure is sometimes used in appraising common shares. (This could be of interest to MOA shareholders at a later date)
The disparity between equity and market values is usually accounted for by the actual or potential earning power of the company
I will post my findings, however I would be interested to compare with others CG, kevgo , manzare etc... I know similiar comparisons have be done before but these figures prove quite interesting.
I will post my results later on Tuesday.
Cheers,
SAR