Ahjay, I totallty agree... price target are not relevant ! I post the Maxim Group latest view considering Immutep using this broking house on their webpage. I think sometime broking house places price targets on the basis on the future potential the company can earn, no mathematic in it. Some Miming exploration companies generates no income and have price targets based on the potential of future earning pending from positive drill result, eventually leading to production.
This is no different to where we are in my view ...
Has my previous posts, I hold the view that data will determinate any share price variation to the current price. Successful EFTI data results will have the potential to raise the share price and brokers will increase the price target simple on the future earning the company may receive going forward. If we go to commercial Rights / Partners next year, the share price increase will be huge followed by a higher price targets simply on the basis of forward earnings the company may receive. We are with a very speculative company and brokers reports are based on the current data and they placed a values on possible future growth.
We just have to wait for this data result to come out and the rest will take care of itself... GLTA
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Last
34.0¢ |
Change
-0.015(4.23%) |
Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
35.0¢ | 35.8¢ | 33.5¢ | $1.374M | 3.957M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 95461 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 48512 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 95461 | 0.340 |
3 | 125869 | 0.335 |
9 | 168422 | 0.330 |
5 | 187373 | 0.325 |
10 | 175181 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 48512 | 1 |
0.350 | 78512 | 2 |
0.355 | 81512 | 3 |
0.360 | 162674 | 4 |
0.365 | 56000 | 3 |
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