What explanation did they give you Ben? They are so profitable why do they need to keep $ for expansion when the plant is almost finished ($2m) and marketing expenditure was covered by increased sales.
Oh they also paid for the building lease a couple decades in advance upfront. No cash out for that for the next decades. That's how business is done in China - LOL. I wonder who owned the building?
So what is the desperate need for the $48m of cash that's unable to be paid as a dividend? They made $20m+ net profit banks would be killing to lend debt to this cash cow to fund growth.
LOL - wake up mate the Disallowed TB8 management gave you has messed you up
TB8 Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
