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:
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.

Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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