has anyone noticed that zheng he (substantial shareholder in cbz) is in a trading halt, and has been for some time, regarding "misappropriation of funds".
their most recent announcement requesting a further extension of their trading halt says says for information regarding the issue to refer to appendix 4E from 31/12/2011, but this is no where to be found (at least i cannot find it online).
could this be something to do with their cbio share purchase and/or one of the previous cbio directors?
also makes you wonder how many cbio shares they have had to sell off since their purchase at 18c if any.
CBZ Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
