The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Government aren't in much of a position to decline approval and everyone knows it.
Stas, I think you're jumping the gun as approval is required first and then we'll take it from there but expecting a small slice of a very large pie.
As for funding, it really depends on who's buying-in, I'm expecting the Chinese to take a slice of the company tbh.
Lol the market gives these opportunities to buy more or shake out the weaker hands.
Looking forward to seeing RNS news, it looks odds on to get approval and the shareprice rerate will follow.
I honestly wouldn't worry about the current share price.
I've recently 8 - bagged in HE1, there was all the doom sayers, 5% traders and loads of sellers at the bottom price. I didn't have to do anything just let the initial results land and waited 4 sessions to exit with healthy profits.
Similar will happen here IMO
Nah I think some people just sell on news, looking forward the company getting the next license over the line.
People who over invest become an easy target as they have the weakest hands. IMO
I have a decent position here and I have funds to counter the shareprice movements, it's all about the real price driver and that's the approval.
The approval is the game changer, that's what everyone is waiting for as it will transform the company's out look.
Old cliché but thry do want your shares lol
As noted in the beforementioned RNS of 28 November 2023, our development partner, PowerChina is committed to assist with project financing.
Enjoy the ride everyone when approval is granted, I doubt we'll visit the current price range again.
Looking forward to getting the approval over the line, everything looks to be heading for approval.
Potentially massive returns here.
Hence the shareprice, the future does look good though IMO
'A joint proposal with development partner, PowerChina, will shortly be presented to the newly elected Bangladesh Government.'
Doesn't read to me like they are going to be shafted, in fact quite the opposite.
Looking forward to seeing this all play out.
I'm expecting a joint venture being announced pretty soon after approval or we'll be taken out with a buy out.
I'm happy with the update looking forward to get the licences over the line, this year.
I'm not concerned about the current price movements and especially people selling at this stage/range.
There's potentially mega returns from this price, happy to load up and wait. IMO
The company is delivering, first the construction contract worth $1bn and today delivered two new directors, next delivery could well be the approval we're all waiting for... Reward will be massive returns for little Risk in comparison.
People just don't negotiate a contract like the latest RNS without an extremely high chance of approval IMO
It's just a matter of waiting for the transferal from profit taking shares to holding shares for the next big move up.
If you're more than a few hundred percent up, it would be difficult not to be taking profit.
These shares need to be flushed out and put into the hands of investors ready to take the shareprice to the next level up.