The table shows the last targets for GXY from Brokers and the dates they were published.
The last column shows new "targets" (my calcs) with their Mt Cattlin targets increased by 25% but the targets for SdV and JB left the same.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
0
Mt Catt
Sal de V
James B
Total
new totals
1
Macquarie[/B]
38
2
2
41
9-Aug
50.5
2
Canaccord
39
18
6
58
22-Aug
67.8
3
Ballieu H
42
14
3
56
23-Sep
66.5
4
Bell Potter
23
33
12
65
6-Oct
70.8
5
Edison
22
30
8
58
17-Oct
63.5
6
Hartleys
37
32
3
58
26-Nov
67.3
7
averages
33.5
21.5
5.7
56
64.4
8
corporate, cash, Expl and other taken into consieration to get total c/sh
I think increasing the Mt Cattlin targets by only 25% and not reducing the risk for SdV and JB developments (ie not increasing their SP targets) is conservative.
The SP targets should all be at least in the 70s IMHO.
GXY Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held