RE: Bagr15 Nov 2018 23:12
Simber,
This isn't an O&G share where one big strike will be transformative for the SP, this type of business will be receiving a big cash injection (and according to the CEO "This investment together with being in partnership with Shandong Ruyi will undoubtedly be transformative for Bagir."
Of course there will be an increase in the SP, maybe not as much as one thinks but as has been alluded here, expect the SP to hit new highs and much higher highs but over a longer timeframe. Someone mentioned 10p would be nice within a year and I think it will be much higher than that.