Well it makes you wonder where they or if they do any research.
Also a 300% rise in the share price over the last year, what about the 90% fall the year before. It needs to rise by 900% to break even.
Take anything written in one of those Asian rags with a pinch of salt. What Hanlong did was raise $140mil from a leading Chinese Bank to make the payment to MOL.
Would not surprise me if they are holding back so those in the know can climb on board. Up to a few days ago the S/P looked like it was being held back. Games at play????
MOL Price at posting:
91.0¢ Sentiment: LT Buy Disclosure: Held