Well,generally PT's are priced on discounted cashflows of 1-5 yrs(pending on company). So as time progresses the future cashflow is recalculated and their growth increases accordingly. UNLESS there's a perceived slowdown in that cash flow estimation or some other issue. Then you'd see a drop. BUT if the company does perform as expected, yes, the PT increases accordingly.
RBC - New Target now $34, page-103
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.13 |
Change
-0.050(2.29%) |
Mkt cap ! $538.7M | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.10 | $15.02M | 6.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65303 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 71904 | 8 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |