This stock, Oceanic Wind Energy Inc (NKW.H:CVE), is currently trading at 0.07 CAD, so it basically costs next to nothing. Something big might be cooking with Ming Yang.
This is a completely binary trade. If the contract is signed after the 90-day due diligence period, the stock will rocket. Otherwise, it will drop back to the bottom and be forgotten. A nice little summer lottery ticket.
The probability of winning? Hard to say, really. I’d say 30–50% just not to be overly optimistic.
This is not financial advice, merely an observation and an interesting finding. If you choose to bet on this, please keep the amounts small. Very high risk, but also very high reward.
[https://renewablesnow.com/news/ming-yang-mulls-investing-in-up-to-2-gw-wind-project-off-canada-1295557/](https://renewablesnow.com/news/ming-yang-mulls-investing-in-up-to-2-gw-wind-project-off-canada-1295557/)