the fair price will not be know until it hits the exchanges. Some people got in early and mined a lot, they will want to dump some of it as always.
after it's been on some exchanges for a week, then is a good time to evaluate it's price.

people were selling 1k for 1ltc so you can see there was a lot grabbed in the first few hours. The first blocks should have had a very small reward and i dont just mean the first 40.

Watch out for a clone of this with incremental block reward at the start, and a far longer launch announcement.