Doubtful that the brokers can predict things like: creditor behaviour, bad debts, management behaviour, raisings, economic performance.
So I think their price targets are more like a 'positive case'. So if everything goes smoothly from here, then their target is realistic.
Like none of them would have predicted $1.50 down to $0.07 due to acquisition, raising, raising, etc.
Ann: Correction to 4Q23 Trading Update, page-6
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Last
7.6¢ |
Change
0.007(10.1%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.6¢ | 6.9¢ | $91.75K | 1.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 117552 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.8¢ | 38472 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
7.5¢ |
Change
0.007 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 7.4¢ | 7.7¢ | 7.4¢ | 88694 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| MME (ASX) Chart |