MST see a derisked share price close to $5 once in first production if I am reading that correctly.
Also " ABR is endeavouring to list on the Nasdaq. This may lead to a re-rating of the stock as US investors tend to view companies such as ABR as ‘industrials’ and / or “Advanced Materials Companies” and ascribe a higher multiple to them than in the Australian market."
I would assume this report explains the price rise today.
- Forums
- ASX - By Stock
- ABR
- Initiating Coverage - Shaws
Initiating Coverage - Shaws, page-51
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)