Apologies Flick for the familiarity. Buddy = mate. I was saying "no mate". Didn't mean to offend. After the lodgment of the March quarterly report on 30 April, MAE issued a note to its clients downgrading MAE to a hold and a short term price target of 61c based on a valuation of $1.22 and 50% risk discount. In essence, Patterson's had downgraded the stock until management can demonstrate production of the order projected. Pattos has decided that the onus is on management to give reason to upgrade the stock back to a buy. Production is the critical success factor. You will not find it on the website. It is not been uploaded by the Company. So, Patto's March report is now redundant.
MAE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
