Given how they have just continually upgraded these guys for the last 3 years by adding to the revenue growth, I doubt it. Their NPV calculation has only ever assumed the current high growth period will last 2 more years at any time, so when it is announced that the high growth rate is continuing, so does their target price.
I'd imagine they will wait until the next announcement and then find a way to substantiate the price.
Bell Potter Price Target $11, page-59
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.5¢ | $349.7K | 758.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 228653 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 11361 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |