Someone was buying as well as price is still in the 15 to 15.5 cps range. Argonaut have reiterated a buy rating with funding now in place for this year and next, while lowering their target price to 30 cps as there are more shares on issue. They suggest a net profit of over $100 million in 2017 and a PE of 3.
Ann: Sino Gas - Results of Annual General Meeting, page-39
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