Agree Sid - Broker Repoerts are a load of cr$p. Paid endorsements mostly IMO. But what is interesting is that first run on the JV rumour the stock got to .675 (I think), then we say broker reports touting .70 ish and projected $1.30 ish and now its suddenly .20's. IO price hasnt changed much and the cost of infrastructure is assumed to have dropped in line with industry. Resources increased and more items derisked.
It is all BS - but very cleverly written. A bit like statistics - you can make them say anything!
Still feel .20 is the target but I do agree with Matt that I think there is a good chance that news will come before what is expected. SDL needs to be a little more unpredictable in its ann and get a few insto/broking houses behind them and shake it up a bit. That would help the SP IMO.
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