"Medusa Mining Price Target Raised 94% to A$0.70/Share by...

"Medusa Mining Price Target Raised 94% to A$0.70/Share by Macquarie"

Better late than never!

See my earlier posts mocking MacQ's questionable logic for a target price of 36 cents (up from an equally questionable 30 cent target back in November). I applaud some degree of conservative estimation, but that was beyond belief.

In fact, I'm sure MacQ was the outfit that warned investors in January 2015 to hold off buying shares in Japara (JHC) because of the uncertainty about the discovery of unpaid overtime. Never mind that the CEO stated the incident related to pre-IPO financials and was almost certainly resolved. I put my money on the CEO, not MacQ, and bought in at $2. Where is the stock now? Like MML, I'm sure MacQ eventually revised its target price for JHC.