FAR 1.02% 49.5¢ far limited

Bell Potter 26c target, page-13

  1. 609 Posts.
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    Hi all,

    Is it my 30+ years of investor/broker/analyst scepticism, or just plain coincidence?

    Nah...it just happens all the time.

    Bells recent FAR "Buy" reinforcement just so happens to 'coincide' with BP also being the largest net seller this month....6.545m at avg 6.6c (and only bt 200k). That's a pretty awful avg sale price, BTW.

    Others on the 'name and shame' list: Credit Suisse tossing 3.2m @6.7c, Merrills with [email protected] and UBS with [email protected]. Very likely instos having to roll down their oil exposures.

    While Farjoy will be less than that with Bell's 28c TP, I think its great value...and I'm going to have another swing at it.

    P*ss off...this is not advice.

    Cheers,
 
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