see below...driving strong buying in the stock today
1135 [Dow Jones] STOCK CALL: ABN Amro Morgans says buy Gloucester Coal (GCL.AU). DCF
valuation A$3.92. Technical target A$6.50. Notes GCL trading at 3.8x 2006 PE vs 8x for
peer group. Says GCL being overlooked by market and 2H result should be good as higher
coal prices flow through. GCL latest up 3.2% at A$3.52. (DWR)
morgans strong buy on gcl
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