Old news? 7 months old? Gee guys...What are you smoking?
The SCE research note I posted was released yesterday (as I stated)!!!
And if you are expecting new company information in a broker update, you are barking up the wrong tree. Only a public announcement from the company via the ASX is the place you will get fresh news about a company.
What is new is broker analysis and opinion of the future prospects of the company, as well as their views on valuation & share price.
In this case the analyst is respected in the biomed stocks arena, and has given his views, raising his SP target. These research notes are read by large investors and institutions and may have some influence on their decisions to buy into a company. I don't think it's a coincidence that we have seen increased buying this morning.
But if the information is of no apparent value, no problem, I shall simply refrain from posting any future analysis.
latest broker research, page-18
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Last
32.0¢ |
Change
-0.015(4.48%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.8¢ | 31.5¢ | $1.587M | 4.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35998 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 286931 | 7 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |