External broker reports(aggregated public sources), Wilsons Advisory

Wilsons Advisory

Wilsons has a distinguished history in financial services that spans over 125 years. Today, the group has significant capabilities in private wealth management, corporate finance, research and investment strategy, and institutional sales. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><ul><li>We initiated coverage of EQT Holdings in November 2021, when its share price was $26.06/share.</li><li>Positively, despite the significant market volatility since (ASX 200 -8.2%) EQT’s share price has remained largely unchanged ($25.04/share), reflective of its stabilising and reliable earnings qualities.</li><li>Nevertheless, recent media commentary (AFR, The Australian) highlights the potential for heightened M&amp;A activity in the sector, which could result in broad changes to the competitive landscape. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p></div></div></div>

We initiated coverage of EQT Holdings in November 2021, when its share price was $26.06/share.Positively, despite the significant market volatility since (ASX 200 -8.2%) EQT’s share price has remained largely unchanged ($25.04/share), reflective of its stabilising and reliable earnings qualities.Nevertheless, recent media commentary (AFR, The Australian) highlights the potential for heightened M&amp;A activity in the sector, which could result in broad changes to the competitive landscape. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

EQT Holdings

O/W: Yes, It’s a Sleepy Little Town.