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Replies to #8644 on China Unlimited

RealDutch

08/02/16 1:58 PM

#8645 RE: kindama #8644

But why would they spend money on a press release and lawyer fees? Not to dump stock, if they believe it could potentially be worth $11.

It's more likely this is an exercise. Nevertheless, I think they picked the right company. Were it not that the parent owns 90%, so that's probably why it's just an exercise.

It's also possible that Yasheng wants to give up control. Since they can't get anything done properly (in the US) by themselves.