Brokers are funny. Just read the Macbank report which has a price target of 30 and valuation of 31. Interestingly they give no value to cash increase from the june quarter which I estimate will see 1c per share cash increase nor any value for the BI insurance which could be anywhere between another 2-8 c. This why most broker reports hug the actual SP, as they are simply updating after the evident. If they do receive a decent BI payout, no doubt the target price will be updated to reflect the higher cash
Brokers are funny. Just read the Macbank report which has a...
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
