It's sad to see this company fall the way it has.
There is a factory fully paid for and operational. Value if you were to build it today over 20 mill.
A manufacturing licence that is becoming more valuable as China cleans up the industry, value - probably many millions
Power Eagle still clambering to do business.
A customer and distribution base that would take years to replicate. Value unknown but big.
It may take a while to turn it around but it does have the foundation in place .
In my opinion.
Ann: Response to ASX Aware Letter, page-3
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