WMC announces a deal whereby it picks up about US$ 15 million per year profit for at least the next 6 or 7 years - apart from its US$ 6 million profit per 6 months from its other activities - and you can still buy it at cash backing of 40 cents???
Clearly the market is a bit distrustful of the Chinese.
Ann: Agreement to Develop Wireless Network in Beijing, page-15
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