GBG gindalbie metals ltd
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Karara parent company suspended for one year

  1. gougou
    14 Posts.
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    13/06/17
    06:15
    Post #: 25235049
    I did some research on the parent company of Karara. Turns out the company (sz000629) was suspended for one year from Shenzhen stock exchange on 5/5/2017 which coincided with GBG share price decline.

    The reason was that the parent company had been unprofitable for 4 consecutive years. If it is still unprofitable for the year 2017 it will be delisted.
    GBG Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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