Yep, that dip corresponds to the company issuing a statement 'clarifying' an article in Next Magazine. The article basically says that land is missing, in it's investigation 5000mu turned out to be 500mu, covered in rubbish and in no condition to grow anything. Weather was unsuitable and land had been untouched for years. Supposedly technologically advanced equipment turned out to be old tractors, and (broken) scythes.
Ho the chairman purchases 1m shares. Chaoda repurchases 2.2m. Files on the same day in an obvious (or desperate) show of confidence.
No comments:
Post a Comment