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BIG - Big Un Limited

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System

System

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Big Un Limited (BIG) was formerly known as Republic Gold Limited (RAU).

Previous discussion of this company can be found in the RAU thread: https://www.aussiestockforums.com/forums/showthread.php?t=7520

On 9 October 2014, Republic announced its intention to merge with Big Review TV Limited (BRTV), an unlisted public company that has developed a video production and review platform that integrates video, internet, social media and an innovative mobile phone App in order to provide a large collection of video reviews of businesses.

http://www.bigreviewtv.com
 
System said:
Big Un Limited (BIG) was formerly known as Republic Gold Limited (RAU).

Previous discussion of this company can be found in the RAU thread: https://www.aussiestockforums.com/forums/showthread.php?t=7520

On 9 October 2014, Republic announced its intention to merge with Big Review TV Limited (BRTV), an unlisted public company that has developed a video production and review platform that integrates video, internet, social media and an innovative mobile phone App in order to provide a large collection of video reviews of businesses.

http://www.bigreviewtv.com
Click to expand...

Quite some time has passed since my dilapidated Republic Gold stock became BIG UN LIMITED. Recently the shares have recovered after hitting the floor around 9 cents and now trade around 35 cents a share.
Added more on the way down at 18c and 13c but not yet breaking even - need 42c to be all square.

The company run by a 20-year-old executive, the youngest to start an ASX quoted company in 2014. Maybe BIG will become just that as they branch out into the UK and America.
 
Moving on now and at 50c for the first time. Up over 400% from the low point in September/October 2016. Many came in from the cold when Republic Gold Limited made an off market takeover bid for Big Review TV Limited.
After disastrous outcomes in Bolivia and Mozambique the Republic directors made the decision to give up gold exploring before the money ran out. Honorable directors one and all. I take my hat off to them.
 
BIG UN Limited have already expanded to many countries. If all goes well hold on to your hats and fasten your seat belts.
 
BIG are back a bit from a 75c high at around 66c. The rise has been consistent and some may take profits on the way. Always a chance of a takeover bid at some point as Big Un Limited go for fast worldwide expansion.
 
Cant believe this stock!

Took it out in the yearly comp and sold my stake
in Real-time.
I've watched about 3 re enters over the last month and its $1.59
and Still going!

Amazing!!
 
Having an intra-day low point at just 9c does seem unbelievable to see BIG at $1.60. Expansion in America and the UK is a big 'get in first' for the company. May still be cheap at this level.
 
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I suggested on Charts to watch that this was coming off.
And it did.
It is now at a critical point and unless it pushes through the $1.80 mark
this could be a double top and a bull trap.
This is what I suspect.

Will see Monday
 
BIG Un Limited are now suffering from profit taking. My average purchase price was 42c and it will be interesting to see where the turning point will be. My own target, medium term, is between $7 and $8 as expansion in America and UK takes off. May later become a target for an American big cap.
 
That's impressive spin
When market participants and spin match
Watch out!
 
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