JP Morgan - 24/09/2009 Overweight VPG Target: $0.14
Target $0.14 (was $0.16). The company is raising $59.5m via an issue and placement with the broker noting the proceeds will go towards a deferred payment to the Scarborough vendors.
The broker notes other cash on the balance sheet can now be used to lower debt, if required, before an LVR test in Deember.
The raising sees the broker adjust its forecasts and price target, but it retains its Overweight rating on the stock.
Target price : $0.14
- Forums
- ASX - By Stock
- count down begins
JP Morgan - 24/09/2009 Overweight VPG Target: $0.14Target $0.14...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online