Ayujoy Herbals Ltd. (AJOY)

[Extravagance]

This company is impossible. The PE is something like 0.7 right now and they have more cash than the market cap. It's strange because usually these are just complete scams but GATA has audited financials and relatively high insider ownership from the CEO and family.

Does anyone know of anything materially wrong with the company? I thought it was possible the financials are actually in rupees instead of USD, as that isn't ever specified in the financials, but I'm not sure about this...

This kind of valuation simply doesn't exist in the markets, especially continuously for 5 years. Is there a reason the stock is trading so low right now relative to the "financials", besides the fact that it is undiscovered?