LOL.. yes kind of what I thought too as the current situation doesn't reflect on their analysis.
The brokers still have a negative formal price, but I'd expect that to change over the next few months. The mid-April average estimate was $1.53. The current average according to marketscreener is $1.21. Really?, I don't believe the outlook now is 20% worse than it was when NZ was in L4 lockdown.
Also the investerwallet analysis has the same maximum price as the maximum broker estimate so there's a good chance its just a bunch of formulae doing discount calculations from broker estimates.
Bookmarks