@D.Taylor
This is currently a bit of a slow period for stockbroking industry; the typical post-reporting period lull, if you like.
And we know that lulls are not good for the profits of stockbrokers.
So, I suspect this is a somewhat pro forma piece of "research" which - whenever things get a bit quite on the trading desks - gets dusted off, the date changed from the date it was last rolled out, and a few stock names added/deleted (depending what stock prices have done since the last time the report was trotted out).
All with the aim of breaking the lull and getting clients to place a few orders, one way or another.
Put another way, I think I've heard CGF being touted as a takeover target, by either some or other broker or some or other financial media outlet, several times a year ever since the company listed 15 years ago.
@D.Taylor This is currently a bit of a slow period for...
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Last
$6.73 |
Change
0.100(1.51%) |
Mkt cap ! $4.651B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.83 | $6.64 | $5.426M | 803.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 100 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |