Mining & Energy sector update

Morgans Financial Limited

Morgans Senior Analyst, Adrian Prendergast, outlines the rationale for removing South32 from the high conviction list: “…that uncertainty could see a much stronger share price reaction in more of a 5 – 10% range in the next week or two… it is a risk we see being strong enough to take it off our high conviction list, for time being.” Adrian also discusses BHP Billiton, Rio Tinto and Fortescue:

Morgans Financial Limited

Morgans is Australia's largest national full-service retail stockbroking and wealth management firm, with more than 300,000 clients, 500 authorised representatives and 850 staff, operating from offices in all states and territories. As well as...


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