Even if the IPO fails and they raise only $5m ... The share price here is not going to be 1.4 cents. 1.4 cents is an outrageous undervaluation even when you factor in potential risk. We're talking a 5m market cap on a $30m sale price at the moment.
Anyone find out anything about Universal Coal Resource of Singapore?
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Even if the IPO fails and they raise only $5m ... The share...
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