They are smart guys, Whats the bet that they will issue enough stock over the next couple of year to water Zhongjin under 50% (currently just over 53%)? Doesnt look like it matter in the slightest that they have a majority stake anyway but Mr Market is a bit xenophobic so it would probably help with confidence. Man they have played their cards well post GFC what a come back, Shouldnt be too long now, Maybe we will get some talk of dividends in the next annual report, Quarterlies will be a real bumper IMO, Loading up when Ive got some cash.
PEM Price at posting:
31.5¢ Sentiment: ST Buy Disclosure: Held
