WQW 0.00% 55.0¢ winha commerce and trade intl limited

can someone explain to me why this stock is trading on a circa...

  1. 96 Posts.
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    can someone explain to me why this stock is trading on a circa 0.8pb, a 2.7 p/e and isnt gaining traction given it experienced a free cash flow increase of $7m (purely from operating activities) in the previous quarter, issued a 9% dividend and had profit of 11m? Let alone the fact than in another quarter it will have cash equal to market cap!

    I undertstand the Chinese company listing on an ASX concern, but other than that, what am I missing?!?
    Last edited by trenna_s: 17/08/17
 
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Currently unlisted public company.

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