I have done my research on TB8 and reached a clear view on the company background and company valuation
just to provide a lead for your own research:
- search on how those 3 entities are related and what are their business models in China: FC浙江信富,广东格旺,广东天美富硒
- Simply by searching those 3 entities via www.baidu.com ( equivalent to google search in Australia ).the deeper you can search the more interesting it gets
Lastly, as my sincere and good-willed advice to fellow Australian investors "stay FAR AWAY from TB8".
Let's mark this post down now and re-visit it in 12-18 months to see whether I get it completely wrong or completely right.
(Disclosure: I bought in last week at 13 cents due to insanely cheap valuation - based on announced financials of course, and I sold out at 13 cents this week after I done my own research outside of company announcements, small amount overall )
I have done my research on TB8 and reached a clear view on the...
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