Brokers reports in September from Bell Potter, Cancord and Hartley's really got this share wrong all having target prices between 45 and 50 cents. You have to wonder if reports have bias built in.
The disclosures are tiny at the end of reports, should be upfront, clear and accurate down to dollars earned directly from company etc.
eg Bell Potter's disclosure Disclosure of interest:Bell Potter Securities Limited, its employees, consultants and its associates within the meaning of Chapter 7 of the Corporations Law may receive commissions, underwriting and management fees from transactions involving securities referred to in this document (which its representatives may directly share) and may from time to time hold interests in the securities referred to in this document. Peter Arden has a long position in the shares of MLX.
MLX Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
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