Catalysts for Fair Value14 Mar 2026 11:02
Hi all, I want to pose a question to see the various opinions and to ultimately check my own.
So moving into the ASX100 and GDX - this should help the share price increase but mainly through making remaining available shares for trading more scarce. we currently have Wyloo at 10%, Blackrock at 5% and then 10% being gobbled up by ASX and GDX and a further 5%??? already in the GDXJ plus X% any other sticky holders, but this is likely to what? put us back up to £7 - 7.50
Then we get a Teller MRE which hopefully will confirm the life of mine extension for x years. Guess 5 / 10 / 15???? likely to be a lower number that increases over time as more information unfolds. This is possibly the more material news as this will officially inform the market that the 2year life that they were previously anticipating is now out of date and Teller is more of a bread basket than a basket case. What will this do? 10% , 20%???
Then we get Q3 results in April - and if they continue to be good then the market should reward consistency. We've seen what inconsistency has done for Northern Star this week. Will this have any material effect on the share price - I personally think yes but minimal.
However, taking all 4 events into consideration, does this now mean that the market will start to ascribe a 16P/E to GGP? If this happens then we get to "fair value" or rather the value that I think is fair. Others may have a different number in mind.
So what needs to happen in addition to the things stated above to get to a valuation that is considered "Fair"???