Do they actually mean anything? Or is just that they give some the warm fuzzies .....and comfort.
You know the old story, W69 - Brokers got to keep on the right side of the corporate (Sky in this case) or else could miss out on the potential M&A fees!
You know the old story, W69 - Brokers got to keep on the right side of the corporate (Sky in this case) or else could miss out on the potential M&A fees!
Your comment explains Forsythe Barr's 16c price target too
15c looks like a strong base here. Just slightly lower than most broker valuations. Smart money would be accumulating here and waiting for corporate activity over the coming months. Every week Sky generates about $1m. It's like having a savings account.
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