After PT Bayan and KRL initially announced their partnership, alliance, JV, reverse takeover, whatever it is, the SP soared north of 20c. Here we are 3 months later with news today that every thing is moving forward smoothly and the SP is stagnant.
I know investors are impatient but come on please use your brains.
Importantly todays announcement whilst made by KRL to the ASX had PT Bayan's name plastered all over it so i give the announcement a higher trust rating.
I also think it will be worth the wait,
Enjoy the bargains out there.
Cheers.
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