What they believe has no credibility. My nephew believing in the Easter bunny holds as much weight as what they say.
$1.44m in staff and admin costs. What has that $1.44m achieved? Have shareholders received value for their $1.44m?
Considering managements generous salaries it would be a good vote of confidence if they actually supported the shareholders paying their wage and purchased some shares on market. The chances of that happening is zero.
Ann: App 4C, Quarterly Activities, Update on Sinopec Hainan Plant, page-4
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