JJF 0.00% 4.0¢ jiajiafu modern agriculture limited

Hi All,Looking at this stock as a newbie, I am baffled a little....

  1. 34 Posts.
    lightbulb Created with Sketch. 1
    Hi All,
    Looking at this stock as a newbie, I am baffled a little. Though the price was declining in 2018 it was reasonably stable, then in 2019 volume activity picked up, and on one day over 600,000 shares were sold, causing the drop from the previous average, never to regain ground. I don't see any Australian projects, and recent announcement was for a Chinese based breeding business, diverting from growing vegetables etc...

    I see the share price at $0.04 but with net tangible assets more than ten times that, some cash at bank etc, so what is happening in Australia?
    What does this company need to do to have the share price approach its net tangible assets?
 
watchlist Created with Sketch. Add JJF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.