Just what i was thinking...forget about potential turnaround and future sales, aren't the assets worth more than the current price? A year ago i read a story featuring pics of the operation. Looks real enough.
My bet it's going private at $4.25-$4.50 range based on tangible assets. Mr Wang is ready to grab it for cheap and he will. All puzzle pieces are in place. Like HOGS, CSR, HRBN, TBET, HOGS and ten others announced since last year.
Momentum for China managements is perfect due to lack of interest from Stock markets and low share price.
New high ranking official took over expected leverage he brings to the company and the Chinese government IMO
Great turnaround to a company that is expected to grow lots with a huge Chinese population and lightening of restrictions on foreign investment.
Monday this one will rocket over $3 to $4