I was taking a closer look at my shares on Commsec today and noticed that Morningstar have an undervalued recommendation on BAS based on their quantitative analysis.
Will people take notice of this? Are Morningstar influential?
They have the fair value of BAS at 0.01 - which seems to be 1c if I'm reading it correctly. This is where a couple of people on this board have said BAS should be at, so it seems to me like a good valuation.
The BAS story just keeps on getting better and JW Pepper was right that Tino has to start work on getting the story out there to the big investors. Hopefully he has a plan for this.... possibly he wants to tick a few boxes before going to the big boys to really impress them. It's such an experienced management team it's hard to imagine they don't have a plan in place to attract investors.
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bass oil limited
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Morningstar undervalued rating for BAS
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