No. They're not issued in attempts to influence share price. (Although Bell Potter do have a vested interest in increasing share price).
It's simply an analyst's informed opinion of potential future price; this will be updated as price-sensitive activities are announced.
They're generally conservative (lower) in nature than the real potential, as it's easier then for the analysts to be correct most of the time.
MSB Trading 2020 - a new dawn, page-1161
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Last
99.0¢ |
Change
0.030(3.13%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | $1.03 | 96.5¢ | $4.704M | 4.708M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 87395 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 274051 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |