Conspiracy theory:
MCR/NIU have found something significant at PNG. MCR make a friendly takeover bid for NIU. The leaky boat syndrome is the reason for the 100% rise in the stock price over the past few months. Timing/regulatory process/final negotiations are the reason nothing has been announced to the market yet.
That's about the only explanation I have for the huge rise in the share price.
If it is true, then switching from MCR to NIU is the smart thing to do - if you can pick up sufficient NIU shares without pushing the price up - it's a very thinly traded stock.
Thoughts?
enjoy it, page-36
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