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[sharechat] WHS

From:	prhughes@value.net.nz
Date:	Sun, 9 Mar 2003 20:35:42 +1300

Hi Dick

Thanks for your post. I actually obtained the price off a chart 
posted on the forum. As you observe these are uncertain times so 
was trying to figure a simple method to work out an approximate 
fair value. ( I am aware of the concept of intrisinic value) 

Your suggestion of 12 times earnings is probably not far off the 
mark, I won't mention the price.I get in enough hot water as it is. 
Still when you are on a learning curve, you learn from your errors. 

Regards

Bill

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