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7,026 Posts.
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23/06/17
15:45
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BAL is predicting a Forward EPS of between 11 cents and 14 cents...
Assuming this can be achieved-and nobody knows when-then a Realistic PER is say 1o...
So, future share price is somewhere between $1.1o and $1.40...
Today, it's anybody's guess...or speculation??
Add: the multitude of issues yet to be resolved, the extra money (0ver an above this CR) it will take, and the time = major uncertainty.
OK, you can gamble. Speculate. Throw money away.
But, no sane person can justify $4.78 (CR Price)...let alone $7 plus.
Chinese fantasy.