CCME's Deafening Silence and inability to act like and behave like a publically listed company is the biggest reason IMO.
The last time we heard from Cheng was after the NewYear when he Gave us investors all the re-assurance in the world. [go ahead..defend his silence]
..and what about broken PLC promises from 2010? i.e. DIVI + BuyBack -- all want pretend that CCME didn't make these corporate plans last fall.. [or justify CCMEputting them on the shelf due to current problems.]
How many shortcomings are even the most Stoic of believers going to defend.. as opposed to the company... before they smell that something is not right??
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The Cynic in me says We Had Chengs kind Words, Ping Lou's re-affirmation and Northands pump all within the same few weeks.
**Was this all manipulation by Cheng to keep the share price propped up with gullible Retail investors money... Just long enough for insiders to sell all their positions. ??