Sidhu welcome to Chinese listed companies. Its a casino my friend. As in, they list, take the money to the casino, lose it, hock their own escrowed shares as collateral to the yakuza gangsters, and then do whatever they can to put the sauce back into the bottle when it all starts falling apart.
As for this one, coin toss. Could be 2c just as quickly as 22c. On less than $2k of volume.