Touched 70 cents this morning and now at 69.5 cents! However the volumes are small, and there seems to be more sellers at $0.70 than there are buyers at $0.695. Anybody know of any new developments? I don't know of any so far.
In 2010, the World Expo was held in Shanghai, attracting 73 m visitors in 6 months. The high traffic was a strong boost to visitorships to Straco's aquarium in Shanghai. Straco enjoyed a 111% jump in earnings that year.
I can't wait for Shanghai Disneyland to open in 2015. The powerful draw of the Disneyland is not in dispute -- neither is its spillover effect on STRACO's aquarium for years to come.
Yes, I must say that this figure is unusually high because I have been monitoring the daily turnover since I invested in some; normal daily trades is hardly 50 lots. Interesting to note that there were another 283 lots on offer at 70 cents. The ramp up in transactions started last Friday with 527 lots changing hands. I tend to agree that funds managers have probably gotten into the act, which is good for us, unless we are trying to buy some more at cheap prices.