I'm of the same opinion as E&P Capital and as such picked up my 1st full RL parcel at $3.89 and soon to be added to SM also.
News Summary DJ Cettire Keeps Bull Despite Import Duty Questions -- Market Talk CTT
07 Mar 2024 12:05:314 Views0105 GMT - Cettire keeps its bull at E&P Capital despite what analyst Julian Mulcahy characterizes as a quasi short report on the luxury goods retailer.
Mulcahy is largely unconcerned by an Australian media report contending that Cettire pockets some import duties paid by customers.
He accepts that the practice occurs but tells clients that there is an equal number of situations in which Cettire has to fork out for duty shortfalls on orders.
He writes that the net impact on Cettire's business is relatively small. E&P keeps a positive rating and A$6.11 target price on the stock, which is up 0.1% at A$3.995. (stuart.condie@wsj.com)
(END) Dow Jones Newswires