Don't get me wrong.. I like this company and have been in since GMM days and sitting on a 400% return and currently trying to pickup more at 40.5 (think I am near back of queue)...
But I never take the valuation of any broker that assisted with the float or capital raising. If maybe Morgans came out with a price target I would take more notice.
Canacord note Galaxy Resources (GXY-ASX) MarQ'17 report; maintain BUY, lowering target price to A$0., page-6
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