CAH
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0.00% $1.71 catalpa resources limited

axegunAccording to the "RBC Capital Markets Research Report -...

  1. PuzzledMonkey
    442 Posts.
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    30/09/11
    10:54
    Post #: 9032353
    axegun

    According to the "RBC Capital Markets Research Report - Update" released on 27/9/2011 the valuation for the merged entity remains unchanged with a target of A$2.90:

    "The FY11 A$2m loss by Catalpa is not a driver as its combination with Conquest and Newcrest assets nears completion."


    Edna May cash costs are a real frustration and concern though.
    CAH Price at posting: $1.54 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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