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I heard that it's because of bornoil will give them profit in return for macquarie subscription. Macquarie will get free cashflow while not doing anything except for subscribe. That's just what I've heard tho...
Logically the price will increase in 2 or 3 years because they are involved in real gold business. In addition to other businesses related to o&g, F&B, logistics etc. It takes a lot of time tho
Nowadays after price rocketed, hard to sustain unless got strong fundamentals. If not, once the price up 50%~150%, better sell and look for other counters.
1st time hearing got such a regulations to have private placement 10% lower than mkt price... guys if do not know better keep quiet don't make joke to everyone.
