Ace i still believe 20 cents is a possibility by june for sure. Thats only a 40mil market cap which is pretty reasonable for a indo coal explorer/producer.
Im hoping they wont have to issue any shares to raise capital in the mean time, if they do it would be ok if it were at a much higher price like 20cents.
Also remember ib daiwa payed 21cents for there shares in adavale
bargain prices?, page-13
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