Now I'm glad that MC did not extend any form for credit for sales to JBJLIL. We will not have any bad debt issues as all are covered by the LC/prepayments.
The sharp drop of the share price after the placement was not due to fundamentals issues with the company, but the offloading by Haitong to recover the money owed by Burwill.
Even so, we will need new customers ASAP.
Now I'm glad that MC did not extend any form for credit for...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)