not alot of people take broker targets too seriously, however when they come to fruition, people often think twice.
in the case of RHM, if 60c is reached by december, then people will suddenly start to have faith in the remaining 75% discounted out of the target ie $2.40 valuation
so as to the question, HOW HARD WILL IT RUN? well, again, look around at some of the other re-ratings going on.
it will run as hard and as high as it rightly should. as tarecq once pointed out, until we reach $1 we are still way at the bottom of the pool compared to our peers.
the nature of the chart is evidence of this , onwards and upwards
RHM Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held