RE: Valuation12 Sep 2022 19:16
""A_E_Marsh, can you confirm BOOM's fair market value, and what metrics you base your calculations on, please?""
You are both generous and polite. You deserve an honest answer.
As we can see, "Fair Market Value" here is changing daily
So I haven't a clue. Nobody has (IMO) and I'm not damn fool enough to pretend. Some can come up with (almost invent) any parameters they want, there're worth nothing. Others opinions are interesting, but they are only opinions. There's a chap posts here sometimes does candlestick valuations. He seems as right as anybody. The rest could be defined as trolling or ramping, IMO.
It's down to a few people who know a lot more than us at the moment.
Without telling you my average, which is above this but in single figures, I am hoping to make a good profit. I have held Boom for about 7 years now and have been well below (or should that be, above?) this paper loss before.
I may yet buy more. A while to go before St Leger Day, (Please... don't do what some idiot did here before and confuse it with the day the horse race is held! St Leger Day is on October 2nd this year.) So there you go, my valuation is both volatile and basically founded on a historic saying with absolutely no proof of accuracy!
BTW, that old saying, "Sell in May and go away, come back on Ledger day"?
Just a load of old rubbish? How much would I have to invest in Boom now if I had sold in May?
GL to all invested here.