A few days back Wells Fargo halved the price target of AMZN sending shares down from 186 to 180. It's now back to 186.

https://finance.yahoo.com/news/amazon-cut-wells-fargo-warns-131217884.html

We should petition Wells Fargo to look at WES, HUB, NWL and PME and see if they have a case to blast the prices back to reality and stop this ridiculous doom loop of the demand curves shifting up and up :)

Not held still.

Thought I'd search for a broker report on Murdoch's Factiva platform after Wesfarmer's 52 week high despite the competition watchdog eyeing Bunnings.

Only found one from JP Morgan written in May 24

Think it's a little too bearish?

When report mentions Kmart, Officeworks and Bunnings are the highest quality retail business, I think it is a buy regardless of the recommendation when you can't find anything out there that is comparable.

A few facts on the Mt Holland project

* Capex of $950m

* FID approved July 2021

* Production begins 2024

Not many facts on EBIT or financials. Will need to go back to Kidman announcements to find the information although most of that will be out of date.

not held but thinking of taking a position.

While the share prices of lithium miners/developers continue to outperform the broader market (PLS, LTR, CXO, IGO) it seems Wesfarmers is being left behind.

It seems the market has forgotten the takeover of Kidman Resources a few years ago when lithium was at the bottom of the cycle.

Time to do some research into Wesfarmers lithium asset while market is still asleep.