In that year they turned a NPAT of 150m USD up from 75m USD the previous.
Fast forward 10 year when CSL was at $30 for e.g (in 2012) it had an annual NPAT of 1.2bnUS
So agree 100% brokerages houses change their tune to suit their agenda.
I like to think Investing is kind of like being in the ocean. You can choose to swim against the tide or with it. But one thing is for sure - you won't change it.
SF2TH
APT Price at posting:
$29.65 Sentiment: None Disclosure: Not Held