AFR analysis - target price of $0.25, page-3

It seems a well balanced and reasonable report from Macquarie. Too many investors are taking a trading mentality rather than an investing one. Everything about this stock suggests patience. Management has been unfairly targeted and not enough credence has been shown towards the difficulty of doing business in China. There may be a wait of 18 months to 2 years but if Macquarie are anywhere near the mark then 3 cents to 25 cents makes about an 800% return. I'm willing to be patient for that!