Is it just me or can you feel the pressure building ahead of our DBU PFS due anytime now but not later than the last week of this month.
All those retail sellers who have been squeezed out will be looking at getting back in given the current valuation vs the massive potential this PFS is likely to outline in detail.
Our major holders and other funds/major investors will have been watching as well and the probability of them entering or topping up is also high.
Many fear the buy the rumour sell the fact situation al la our SS reaction but given we are 40% off our highs the risk of a repeat is low IMO.
This opportunity remains a very "cheap" way of getting exposure to the EV revolution given how important the Vinfast/LG JV is to the Vietnamese govt pinning much hope on the continued attraction of foreign capital into their developing economy.
DYOR GLTAH
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Open | High | Low | Value | Volume |
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2 | 259509 | 0.041 |
3 | 150490 | 0.040 |
1 | 57951 | 0.039 |
1 | 15000 | 0.035 |
Price($) | Vol. | No. |
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0.044 | 30000 | 1 |
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