PEN 1.19% 8.3¢ peninsula energy limited

hartleys broker reports

  1. 3,815 Posts.
    I guess broker reports make more interesting reading when their SP prediction is higher than your SP is at the time of a report being released.

    Late last month, Hartleys popped a 12 month target of 8.6c on us. The SP had a high that day of 5c (good value?) and closed that day on 4.5c (even better value?). The SP dropped basically every day for the next two weeks down to 3.5c.

    (Is it just me, or is anyone else wondering if Hartleys actually have any clients!)

    So, they come out with another one today. This time, the 12 month SP target is 7.5c. The drop being inderstandable (imo) because of the recent dilution from getting Blackrock on board. Dilution I daresay most are happy with given the name of the company coming on board.... Our SP closed on small volume today at 4c.

    Nearly 100% profit in the offing over the next 12 months, so c'mon Hartley's clients, start buying!

    ;)

 
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