This is going to be really interesting. I hold a bit in 4 other Chinese companies one same issue with the cash value. Another has stuff all cash (phew?) anyway. All about 1 x earnings. I stayed out of this one for obvious reasons. Sincerely feel for the holders in this one. At 1/10th the asset value hopefully they come out with something. Auditors, directors, promoters- I would imagine that a few people are sweating bullets this morning
PEZ Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
