Great note from Patersons ~for once they are doing something positive. solid volume today, must have been Patersons buying in lead up to report date (I think 23rd Feb - Thursday). Need to get more broker coverage on this thing.
RBS also has 99c target price.
RQL on pe 5x - you'd think emerging mining services with massive growth potential, domestic and os would at least be on 10x - 15x?
I think only Patersons and RBS have provided target prices on RQL - doesn't seem like any other broker willing to put a buy rating or price target - correct me if wrong.
Thank you.
RQL Price at posting:
37.0¢ Sentiment: None Disclosure: Held