what disappoints me is that the ABN Amro coverage with a 70c short term target was not a trigger for a rerating. it may have helped it get to 50 but then obviously it has dropped off. I would have expected them to further reinterate their view not that is more compelling from a valuation point of view. Im sure their analysts have done their diligence. Wise-owl also covers it within the last couple of months.
i think with the strength in the market people dont care about these maybe yes/maybe no small caps. they are more interested in blue chips with more upside than down here. BHP aint going to zero. ETC might yet.
thoughts:???
ETC
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