This snippett from a report that landed in my email inbox overnight.
(Interestingly, Citi believes demand in Australia for EVs is set to grow in 2023 thanks to the federal government’s new Electric Car Discount, which the bank believes has the potential to add as much as 11 per cent upside to novated leasing volumes, given the spike of EV-related inquiries fleet managers have reported.)
The above investment bank view may be feeding into the recent SIQ shareprice increase. When you wrote yor last post the SP was $5.05 and yesterday it closed the trading session at $5.83
The earnings call with the CEO on23rd Feb will be very interesting.
Cheers......D
SIQ Price at posting:
$5.83 Sentiment: Buy Disclosure: Held
