are we to take valuations as set in stone ,
Southern cross equities placed a target of $4.50 in twelve months on the 9th dec 2008.
how wrong were they , well 200% wrong ....so what ever they say add 200% so with M L 11.80 WE CAN SEE $35.60 PER SHARE ..LOL'
Anyway im sure they knew the sp would go higher, they just wanted people to sell there shares to their clients for a reduced amount.
200 % less .
M L probably have babs on the line wanting so more : )
merrill lynch valuation, page-5
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$1.34 |
Change
-0.030(2.19%) |
Mkt cap ! $1.044B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.32 | $8.558M | 6.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 39863 | 4 |
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