Looking over this annoucement again - looks like they have recieved approval to use the transformers and its just a matter of time before the orders start coming in. HK is quite small but the bounty for a break into ASIA.
If the good news keeps flowing, which I have no doubts will - you will see this stock hitting 10-12 cents within a 6 month timeframe. Could be sooner dependant on orders that flow through.....
Remember they also sold some of their assests for $28 Million dollars - with a MARKET CAP of only $7 million.
The share in commodity value should be up around the 6 cents mark, so its a bargin in my eyes.
Brad
I hold BCL, TWO, SCE and BIL
SCE
suntech environmental group limited
good annoucement - potential plus +++++
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