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BAO - broker target £1.50+

Posted: Tue Feb 26, 2013 11:24 am
by londonz
great RNS last week and yet it was sold off. bounce strong on bottom today. PFS could be anytime now and several other news expected.

excellent entry level. Edison target £1 plus which will be revised upwards further after PFS.

http://www.edisoninvestmentresearch.co. ... 18&ID=8101
"Our un-risked and un-geared NPV10 of the project is US$761m, which, being adjusted for the 15% IFC participation, translates into the US$630m (£1.5/share) value attributable to Baobab."

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