Macq have OGC as an outperform with 60% upside to their target...

Macq have OGC as an outperform with 60% upside to their target price (tp) of $2.50 -2nd only to PRU in that regard for upside to tp for the main producers. That was when it was trading $1.56. Now at $1.44 gives 74% upside to their tp.
They have it on a cashflow multiple of around mid to high two's for this year and next year with a POG assumption of around $1290 for both years. Extremely cheap on those numbers.

Chart shows it being left behind after today’s relatively weak rise. Might be a catch-up trade for next few days? (I bought a few today for a trade- might hold for a while if I like what I read up on it over the next few days and depending on how it behaves).

Amazingly quiet thread here.