GREY:ARGEF - Post by User
Comment by
Astrosmithon Mar 28, 2017 3:58pm
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Post# 26042494
RE:RE:The real growth
RE:RE:The real growthJust to be clear, Morningstar reports that I get don't show price targets, but Fair Value prices. It is more of a current assessment on the price on any given day, not a future target. So it is revised very often and has been going up almost daily now.
I bet we are going to see some serious analyst coverage commence soon with some significant price targets.
The only analyst target out right now is a bit old but it's over $1.30/share. I would love to see more in that range. I thought it was a bit high before but now my 12-24 month calcualted targets are all landing over $1... If all goes well we could see 0.80 or more within the year. My previous 12 month target high was 0.50-0.60 but I think that is far too conservative now.
I get the impression that management may have stopped the latest PP. I hope that is the case now that managements plan has changed.