wow a very thorough report... this paragraph made me smile:
"Based on our net asset valuation, we are initiating coverage on Continental Coal with a short term price target
of A$0.13 per fully diluted share. We have been highly conservative in both our valuation and coal price
forecasts and we are confident that there will be significant upside throughout 2011."
Current valuation of 13c is HIGHLY CONSERVATIVE according to these guys...
Can anybody provide feedback as to the reputation of these brokers?
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- short term price target of $0.13 fully diluted
short term price target of $0.13 fully diluted, page-42
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