It is interesting to see the volumn changing hand in NZX today. Although the there were lots of sellers but it appears that some institutions are picking them up and well supported around NZ$4.18 to $4.20. Hopefully, the price will start to move up once the sellers has finished dumping their holding. I hope PPH will announce cashflow breakeven at the upcoming AGM.
broker initiated with 5.80 target. 40% upside, page-6
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