Friday, July 01, 2022 6:14:24 PM
There was this company once, China Ceramics. With over $100M in (net) receivables and only a $15M market cap.
Silly me, I thought they would be able to pay cash dividends (as they had done in the past). Of course it all went down the drain (after I bought the stock). Actually, I still got out in time.
The banks offered $500M for this company a couple of years earlier (and wanted to relist it in China for $2 billion or so) but it was turned down by the Board. Of course it was all downhill from there. This can only happen in the China space, as it usually does. Probably not worth your breath. And this is just one example.
---
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM