Bullish Sign? - Bounced off 200 EMA, page-3725

Hi Highrola...

Remember EurozH was the biggest buyer according to broker reports posted here a while back when the price crashed?

And until someone shares the report (please!) we don’t know what it recommends.

It may have just settled itself comfortably after lowering its’ average and decided to send out a POSITIVE write up so as to start capitalising on its’ position?

NB the analysts there would have had plenty of opportunity to check out NRW over on Rottnest at the annual EurozHartley ‘s conference on March 9.

Here is the link to that again :
[Euroz Hartleys Rottnest Conference ]
Whatever Euroz says, it’s worth reading the ‘outlook’ slides to see what the NRW view is.

cheers

PS
FWIW see Euroz report on Primero dated October 7, 2020 with 58c target.
https://primero.com.au/wp-content/uploads/2020/10/200710_Euroz-Market-Update_PGX.pdf

NB that NRW takeover bid on Primero @55c a share (ie a 50.5% premium to the 60 trading day VWAP of Primero shares) was announced less than two months later on November 24, 2020 [see it here].