Total unrealised gains = $19,400 or 3.88%.
Foreland continues to climb by 11.1% from $0.45 to $0.50. It has recovered more than 20% in just 2 days. This gem was badly sold down due to its thin volume. There are many high profile investors behind this company and they can easily buy up the price in no time. As the demand for functional fabrics set to rise in tandem with explosive consumer spending in China, this counter can offer huge upside potential in time to come.
Jiutian has gained $3,600 being the top gainer in absolute value. It should continue to charge ahead towards $4 with the share split and bonus warrants in the pipeline. The warrant exercise price is set at $0.80. That implies that the mother share will have to be worth that value after split for the exercise to be meaningful. The future growth prospects seem so promising with 5 times increase in production capacity expected and it set to become one of the largest DMF producers in the world.
No comments:
Post a Comment