SEH 0.00% 25.0¢ sino gas & energy holdings limited

We're back to the price when a capital raising was initiated a...

  1. 277 Posts.
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    We're back to the price when a capital raising was initiated a couple of years back at 16 cents. It's been a long wait but for those of us who have hung in there it is proving to be money well spent. There have been a lot of nay sayers along the way and many bailed out when the share price remained in single digits for months on end. The huge resource was always there, the Chinese domestic market has always been insatiable and as it's turned out the management have done a pretty good job along the way dealing with the complexities of a foreign government. So now we wait for a few more months for the ODP and as the gas price continues to increase then imho the broker consensus of 32 cents seems very conservative and once the stock has been completely de-risked then double that price seems more likely.
 
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Currently unlisted public company.

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