Digger,
LOL, you shouldn't equate recommendations with fundamentals.
AWE's production profile was always hugely dependent on Tui, and too many people were refusing to accept the reality of it's rapid decline - or at least to accept the impact of profit etc.
I have small interests in PPP and NZO atm, and have intermittently in the past. I have therefore watched all three and done basic benchmarking. I was always amazed at how much more the market was saying AWE's Tui oil was worth vs PPP/NZO's.
They who recommend, recommend the stocks they can get volume turnover in, and placement fees from, as that is what pays for the research. Easy peasy - trust broker recommendations at your peril - DYOR
EL
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