The value of the acquisition will determine the exact surge imo
“SC777 Member Level Saturday, 09/18/21 02:22:43 PM Re: Fitman10 post# 1087 0 Post # of 1107 In case people somehow missed this - QEBR acquired Eco Equity a couple months ago. Eco is valued a over $200 million. And yet QEBR currently has a market cap of $20m.
“Eco Equity is currently a private listing and was offering pre-IPO shares at £0.10p each at its inception in 2018, after a recent audit by Baker Tilly in 2020 Eco Equity was valued at US$210m (£163m) and shares valued at US$0.72 (£0.56p).” “