Beware broker reports (analysts recommendations). Positive broker reports with Buy recommendations usually means the broker is selling and wants to take profits. Depending upon company they may re enter at lower level. Check it out. I can't come up with an example where a broker report has hit their target price. Incl FAR. Go figure every CEO wants a buy recommendation. Every CEO wants support of their company by brokers by putting their money where their mouth is and drive the SP up. It's that simple. Most of these don't have a buy recommendation until it's too late and that's when the broker sells. All imho.
Beware broker reports (analysts recommendations). Positive...
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |