Bumi Resources (BUMI) almost joined Gocap Club (shares with lowest quotable price of Rp50 on Indonesia Stock Exchange/IDX) yesterday. This morning, however, the stock jumped 20.75% to Rp64 with 330 million shares exchanged hands before break, thanks to President Joko Widodo’s bailout of almost Rp800 billion liabilities of Lapindo to the mudflow victims in Sidoarjo, East Java.To subscribe please click here
