re: Ann: Independent Calculation of Abu Dabba... Been watching GIP for a while and got in at 2.9c today with announcement. Its definately worth more than a paltry 3c. I understand that in speccy shares, management account for 99% of the game. However, to discount GIP to these levels is ridiculous.
Reading through all the announcements again recently, there is definately an upscale in management trying to bring the value back to GIP. This trend, i believe will be reflected in the share price in the near future. Furthermore, looking at the charts, the 2.8-3.2c (~3c) mark seem to be a solid support. The phase 1 will be over soon and awaiting phase 2 for a significant uprise to 4c in the ST and hopefully 5-6c in the medium term with better future announcements. Technically, i believe 3-3.5c is a good buy in the ST.
Ann: Independent Calculation of Abu Dabbab Projec, page-3
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