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31/08/17
11:13
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Originally posted by NashaNasha
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Hotmix87 please do not take offence to this as your posts are always on point and well researched but surely you must be over these so called bullshit projections?
PAC Partners - 30 November 2015 - 12 Month Price Target $0.48 - MISSED
PAC Partners - 14 September 2016 - 12 Month Price Target $0.31 - MISSED
Patersons - 6 February 2016 - 12 Month Price Target A$ 0.50 - MISSED
Patersons - 1 March 2017 - 12 Month Price Target $ 0.50 - $0.17 at report date - We at $0.16 today
Patersons - 27 April 2017 - 12 Month Price Target $ 0.50 - $0.165 at report date - We at $0.16 today
My brain knows we all have this in the bag by Q2 2018 but if history is anything to go by it's not looking too good? We would need 500% increase in revenue to hit this so called $0.50 target.
P.S I hold a large parcel and have been in since early 2015 I don't have a plan to sell just a tad deflated from all these reports.
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Those firms make money buy people buying, not the value of the shares. Take a note how often they also recommend to sell the shares they recommend to buy.