I don't trust these price targets at all... IMO they scream sell when they're buying and vice versa. At the end of the day they're feathering their own nest. Unloaded a lot in the mid 4's as was getting too heaving in GXY but be quite happy to load up again if it drops.
GXY have 3 world class resources over 3 continents with 1 producing and it seems a lot are just discounting (or trying) JB and SDV because they're not producing. With that said... AJM, PLS, KDR should be peanuts. Also almost forgot LDP on board must be worth something.
I remember a well known Australian investor who is no longer with us who was found to be giving conflicting advice.
GXY Price at posting:
$3.80 Sentiment: Buy Disclosure: Held