Ardea didn't multibag due to new discovery, it multibagged because the ipo was improperly valued. Spinning off the company at a discount rate was a sub-optimal outcome. The massive ROIs, in many cases, have not been experienced by, but rather at the expense of, KPO holders. I don't think ARL will be the life bouy at the AGM the Heron Board expect it to be. They'll need to answer for the state of affairs at HRR
Ardea didn't multibag due to new discovery, it multibagged...
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