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ENN have flown through $2 today. A bit of energetic buying...

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gosouth

2,582 Posts.

39

07/03/16

12:05

Post #: 17205432
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Originally posted by rodin ↑

Moelis have put out a new research note on ENN, with a increased target price of $1.96.

Mark to market NAV is likely over $2.00, with valuation upside on a potential sale of the Merrylands site multiples above book value, and further potential valuation gains on their hotel, tourism and leisure assets.

To top its off the stock is offering a juicy 12 month forward dividend yield of 8.6%.

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ENN have flown through $2 today.
A bit of energetic buying recently, though volumes not particularly high.
Maybe something cooking?

Gosouth

ENN Price at posting: $2.04 Sentiment: Hold Disclosure: Held
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0 Great analysis

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