OZL 0.00% $26.44 oz minerals limited

looks like credit suisse was caught with its pants downthey...

  1. 14,068 Posts.
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    looks like credit suisse was caught with its pants down

    they upgraded there recommendation Underperform to Outperform

    "Credit Suisse 26/11/2008 1 Upgrade to Outperform from Underperform $1.20 120.2%
    The company has updated on its proposed production cuts and the broker has reacted positively, noting the changes at Century imply a revenue hit of $38m but offer $28m in operating cost reductions and $20m in savings.
    Debt refinancing is also advancing and with the company addressing its issues the broker sees upside scope from current levels, hence the upgrade to an Outperform rating."

    I reckon that analyst might be driving taxis for living soon.


 
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