d j carmichael research report, page-2

Seems the brokers are starting to put a Spec "buy" on NMR...Finally !! and a 17c target no less.

I believe the West Australian (and particularly Saturdays West Australian) is the most widely read newspaper over there in WA ...Ie they have a monopoly on Saturdays printed news. Not sure exactly how many but a six digit circulation sold on a Saturdays... Chances are that a small % of readers will push the buy button on Monday are very High.

I would expect to see some increased buy pressure on Monday due to the announcement... So I hope you have all topped up your NMR holdings...


Does anyone have access to the D J Carmichael broker report ? Or what was actually said in "The West" newspaper ??