My two bobs worth: there's a deal for LNGL on the table brokered by IDG ready to be signed, and would have been signed by now if US/China had made an agreement when the world expected them to.
The trade deal will get sorted at some stage and if our capital carries us through to that point then the SP will be better than it is now - how much better, who knows?
Venom, MB you were right....but only for now and only because of the way the trade deal is currently playing out. If Trump even tweeted that he's ready to make concessions and sign a deal with China then sentiment around this stock would reverse dramatically. On the flip side, if the trade war escalates beyond the point of no return then we're stuffed.
GV and Co, like the rest of the world, had no idea that US and China relations would come to this and in the absence of this knowledge it made/makes perfect sense to primarily target Chinese customers and IDG's investment proves this was a sound strategy at the time.
As you said MB the outcome here is binary and after all this time and all the b/s posted on HC no one really has a clue how it will turn out.
When/IF the trade war is settled I'm going to add to my holdings because I firmly believe that's the key, but there's no way I'm buying beforehand!
LNG Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held