I definitely think there's a case to be made for $2 if store roll-outs are performing and sales are staying as strong as they were.
Big potential to undercut Rebel sales with PIVOT imo, hope that continues to do well.
Brokers: - Morgans: $1.84 with div of 10 then 11 cents -Morgan Stanely: $2 with div of 9.4 then 9.9 -Citi: $1.60 div 7.5 then 7.8 (significantly lower, said they expected higher depreciation, note that CEO says inventory is very "clean" and idk why that would affect 2021 not 2020, so I am hoping for something more in-line with the other 2).
We'll see what 20 Nov has in store for us. Good climb in the SP today though, hopefully it gains more confidence and stays or edges higher.
AX1 Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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