I have been very vocal on the IPO forum of Chinese IPO's and this is now no different.... I will admit I was a holder of this stock (and stated this in the thread) but was only in for the short term stag as these IPO's often did at the time. But look deeper and open your eyes... go away and compare this to XPD
Can no-one seriously find it unbelievable that with the amount of cash they have in teh bank they will not be paying a dividend????
This company has 48mil in the bank as well as 10mil in receivables and barely any debt... They have 240million shares and if they paid a 2c dividend it would only eat 5mil into that cash....
Are any investors on here going to take the time and contact management (both verbally and in writing) and ask why can you not pay a dividend?
I will call it now... I feel this is a scam.... do your research.
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