So, old mate Peter Arden from Bell Potter reckons we’ll be at $2.15 in Feb 2022.
View attachment 2953883Even more funny, imo, is that he reckons we’ll be at $2.17 in Feb 2023!!!!
View attachment 2953891I very much look forward to revisiting these forecasts Peter in 12 months and again in 24 months from now!!!
Their hands are clearly tied due to the metrics and framework they use, which has NO allowance for sentiment or other influencing factors.
It wasn’t long ago that there were a couple of “crazy” fund managers predicting tsla would reach $3000, and they were laughed at by mainstream “analysts”.
Nek minnit, you all know what happened.
I’m in no way comparing GXY to tsla, but the process and constraints re analysts’ forecasts are clearly lacking imo.
Thanks for the chuckle btw Peter!
I assume you’ve (BP) sold all your holdings of course?!
Imo
DYOR
