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[sharechat] What value FRO?


From: "simon dallimore" <smndallimore@hotmail.com>
Date: Mon, 01 May 2000 11:10:29 NZST


Derek,
The approach that you have adopted in valuing FRO is simplistic because at 
the end of the day, the price that you see flashing on your screen for any 
stock is the MARKET price - what investors are prepared to pay for a stock 
based on a multitude of variables which may include future plans, projected 
earnings and growth of business etc etc! There is no such thing as A + B = 
Potential share price. You will probably find that FRO will re-open at a 
very high premium as all indications point to tremendous investor interest 
in the prospects of this stock.

Simon Dallimore
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