I see in The Australian newspaper a couple of brokers have amended their price recommendations as follows:-
"Pilbara Minerals cut to Sell; target price raised to $1.05 vs. $0.95 — Citi
Pilbara Minerals cut to Neutral — Macquarie"
Well we all know brokers make their living out of traders brokerage fees and that Brokers have an appalling record of picking tops and bottoms. As for me, I am a long term holder who will be looking forward to receiving dividends and a share price over $3 in say 5 years down the track. This is a buy and hold stock as far as I am concerned. DYOR and enjoy the festive season.
$1.50 soon, page-310
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