Are you guys from fantasy island? Ze plane Ze plane!!!Get back to reality land
The world is a very differnt place then from the UBS report days, and days of brokers with 70c price targets
I have a broker report from UBS with a BUY BHP target price and valuation at $54+...sounds nice
Chances of SIA price going up - zero..resource upgrade wooppee do
Chances of SIA price going down - zero
Chances of counter 25%
Chance of stock going up if Hanlong pulled bid - zero
Chances of stock falling 25% if Hanlong pulled bid - 99%
Chances of counter bid then at 45c - high
fundies arent keeping a lid on the stock..they arent paid Hanlong patsies...it fell from 60's to 30's when the market fell hard some 12 months ago
You all value SDL on iron ore prices, EV/T and insitu values etc... yet you forget the most critical key metric.....let me know what u think that is?? lets just say the world is awash with it at the moment...before u carry on Baukaw you love hanlong yadda yadda...yep you bet i do...without a counter i couldnt sell them fast enough too them...and i have seen absolutley no-one else stepping in to help!
57c is fair and reasonable..theres not a chance in hell of the report saying its not...if you think its worth more you can have my shares off-Market transfer this week at 50c!!
SDL Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held