I remain positive with Norwest given that they seem to have such solid and smart management, cash in the bank, good projects and a good forward program that gives us a run of good news over the next year.
I just get sceptical when a report values a particular activity at around 8 times the current market cap - I mean, is it really worth that? if so, then cool - why arent insto's jumping in?
Is huntleys a reputable firm in this area?
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new norwest analysts report, page-5
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