RE: China License Approvals18 Nov 2018 18:18
Guys, I am not sure you aware what re-value we are talking about in here. The licences we hold are worth multiply of the current mcap. To give you clue of similar businesses operating with similar licences:
Rexlot Holdings Ltd – mcap $285.81M
CHINA LOTSYNERGY HLDG LTD – mcap $858.86M
AGTECH HOLDINGS LTD – mcap $4.96B
CHINA VANGUARD GROUP LTD – mcap $1.18B
V1 GROUP LTD – mcap $836.01M
PCGE – $2m
I am not sure how people do their research but I would recommend put £100-£500 just in case we will reach $10m mcap this year and $50m next year. The chance of win vs risk is very good here. The fact that Richard is silent and we know he works on the deal may mean anything. You do on your risk. Don't blame or thank me next year.