Not cooling down here, see what our ceo Wang doing in China.
Below chinese companys are related to him and other cdc insiders. From their own discription they say all companys are zhongxian (it is a cdc's subsidiary on the annual report)'s subsidiaries.
Dingxi has a registered capital 80 million rmb (the second ranked shareholder of cdc)
Dingde has a registered capital 100 million rmb
Dingze has a registered capital 80 million rmb
Above data are generated based on the government materials, above three companys formed in 2014 before they receive the ipo money from here.
If no further plan in Australia, should be able to refund the ipo money, Andrew and other Australian directors should be aware of that.
It is really wasting time of everyone, include the shadow warriors, oh no, not a ninja, I mean the shadow directors.
If they really pay attention to do a real business from the start, as a first dairy Chinese company listed in Australia, now they shall earn a lot more than playing the current strategy.
CDC Price at posting:
6.6¢ Sentiment: None Disclosure: Held