I agree about he broker comment. Not sure if you noticed but Euroz dropped their price target (rather abstained from giving one)in their last update in May after the govt didn't fund the infrastructure in the budget.
Spoke to the analyst at the time and he indicated it was too hard to value without the govt funding. Now that that is locked away, and I;m sure we'll be the preferred bidder for Synergy, it will be intersting to see what they have to say. For the record their last price target was about 90c which I think was in Jan. Now the FC is largely behind us and by next month some very big milestones would have been ticked off, we will hopefully see some positive broker coverage. Does anyone know who else covers them beside Euroz
AVA Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
