Morningstar analysts too. They have been recommending KZL as a Buy since at least early June, downgraded to Accumulate on Oct 14 "due price change" - then back to Buy yesterday - again "due price change". Fair value is "estimated" to be 93c but they remain cautious, as ever, giving KZL a "speculative Business risk with a high Pricing Risk" ...
Its up to our own risk profile of course .. together with our own perceptions of management and the strategic alliance. .. Like others I'm positive on those and looking forward to Mungana adding value ..
KZL Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held
