SRX 0.00% 17.8¢ sierra rutile holdings limited

Ann: Daily share buy-back notice - Appendix 3E, page-9

  1. 4,306 Posts.
    Yet they still have a 12 month price target of $27.45 (down from $30.30). Thats about double what we have now so I hope like hell they are not doing too much selling or they will look pretty stupid in 12 months time.


    " .....Valuation: PT $27.45 (was $30.30); Buy. DCF uses salvage mkt FCF, not trials Risk to any current 'early stage use' could yet be offset by favourable secondary endpoints and sub-segment data. Our PT does rely on reinvigoration of sales and growth, this appears impeded by US management churn...."
 
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