Shares of geothermal player PT Barito Renewables Energy Tbk (BREN) gained another 24.73% to Rp3,430 on Tuesday (Oct 18) to make a market capitalization of US$30 billion, 44 times of enlarged equity after the initial public offering (IPO) last week. It is difficult to digest the 340% gain in its only first week of trading on the Indonesia Stock Exchange (IDX).To subscribe please click here
