The problem with this stock is mainly that the market is suspicious of the Chinese majority holding. This increases the relative size of their holding and at a price far below what they paid last time. It may be only an incremental increase, but at what point will they insist on another board member? Currently they have 52% of the shares, but only 42% (3/7) of the board. At 57% you would think they would have the right to demand an extra seat, giving them a board majority?
The problem with this stock is mainly that the market is...
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4.1¢ |
Change
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Mkt cap ! $28.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125076 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 112924 | 1 |
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