Thanks Pro, Interesting that the report is 1 July, based on that 30% premium to $55/sh, gives $71/sh, which was the late April price..... before the fall. I think someone mention a rating of 20% somewhere ($58/sh). Does this mean it took a month to write the report or do they just re-rate it as the SP drops? I often wonder if these guys print reports to help drive the price where they want. A PE of 15 in uncertain times by a company that's got on going work (even in GFC's)could be a better hedge than cash.
CPB Price at posting:
$10.72 Sentiment: Hold Disclosure: Held
