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Article: Rebounding Oakton looks to big jump in demand.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 20, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Paul Smith
Sep 20, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Todd Guyot, of Foresight Securities, has predicted Oakton's share price will rise to $A3.70 within a 12-month period. The stock, which reached a low of $A0.52 in March 2009, closed at $A2.98 on 18 September. Guyot claims Oakton's strategy of "bolstering" its Indian operations to secure ...