InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.52
(
0.12%
)
Bitcoin
61,863.53
(
0.41%
)
Post# of 453
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

seneca_44

Send PM Follow Ignore
Followers 2
Posts 108
Boards Moderated 0
Alias Born 12/19/2004

seneca_44

Re: oil export post# 300

Wednesday, 10/01/2008 2:29:14 PM

Wednesday, October 01, 2008 2:29:14 PM

Post# of 453
I agree that it is night in china, but these guys had all the daylights between Sept. 24 and the present to have dealt with the issue. So why the silence. It does raise questions.

With the cash and cash equivalents that they show on their balance sheet, I am surprised that they allowed this to happen. Could it be that currency restrictions prevented them from making the payment. It seems odd to say the least. I am unsure twhether the receiver would have any authority to act in china, but that may beside the point.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up