The biggest problem with many of the brokers/analysts is that their opinion is usually tied to some type of captial raising activity with the company in question.
No cap raising = no report or opinion.
One thing I really hate about the analysts/brokers reports here in Oz for oil/gas companies is how they value proposed wells. That 'risk adjusted value' crock.
You know where they estimate it has a "x %" chance of success and then multiply that by the number of barrels of oil?
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