Ann: Appendix 4E and Annual Report, page-25

I will believe it when I see it. Do you have a source?

Two questions:

1. If Morgans have *upgraded* their recommendation from ‘speculative buy’ in February 2021 to ‘strong buy’ now, why have they not released an updated report? And why has TK not jumped all over this and posted it on the RAP website?

2. Why were Morgans net sellers of RAP for the whole of July and half of August, per the broker data posted here: https://hotcopper.com.au/posts/55534986/single

It’s stuff like this from @pilko3 that holders should be calling out, not my basic analysis on the financials. Yet three people have ‘liked’ the post. Honestly, open your eyes a bit more.