I guess the key is to work out if there is enough margin of safety at this price (post regulatory risk materialisation).
When working this out one needs to ofcourse consider the other business as well i.e. the other exchanges.
If there is a solid margin of safety…and potential triggers (IPO of the gas exchange for instance)…then perhaps it’s worth adding to your watchlist.
The added advantage is that potentially regular buybacks can improve per share numbers significantly over time.
Anyone done the numbers?
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