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fosters stockbroking - spec buy @ 50 cents

  1. ktrianta
    9,290 Posts.
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    13/10/12
    13:49
    Post #: 10855549
    On the CFE website latest analyst report from Fosters Stock broking. Has it as a spec buy @ 50 cents.

    Did say growing interest in a trade sale for Marampa but that IPO put off till next year.

    No mention re ATO or MCC.

    Frustratingly, they sale 24% interest in CXU but according to Etrade Dempsey also has 15M shares which brings its holding to 53M or around $25M at current prices.

    Looks like a poorly researched report TBH.

    CFE Price at posting: 27.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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