Dekel Agri-vision Takeover Rumours (DKL)

Hi 2magpies. I don't know why anyone gets worked up about broker price targets - obviously their task is to get people interested, and it's up to investors whether they believe the targets are realistic or not. Ignore them if necessary. Besides, true company valuations are often way ahead of where the market - which is imperfect - takes them. Just look at the huge takeover premiums achieved recently. IMO broker notes are extremely useful, primarily for the forecasts, which will usually have been guided by management, and for the narrative, which sometimes includes snippets of info which aren't in RNS's. I suspect there's a combination of forced small company sellers in current markets and stale holders causing this decline. Can't blame the latter! Personally I do believe there's potentially large upside here, and hopefully within a matter of months assuming the cashew ramp-up goes more smoothly (which won't be difficult!).