Sort of off topic, but fyi, another china microcap that happens to be a favorite right now has not diluted and trades at less than half of book value, and it trades close to cash value. Again, no dilution in over two years to my knowledge, 30% yoy growth, high margins, growing cash, and earnings should come out next week. Oh, and no debt either...all organic growth...simple business.
I'm long HFGB in a small way, not really worried about productive diltution too much. But JADA is the other stock I'm referring to above...my mention of it is primarily to remind folks there are hundreds of interesting US listed china plays...be cautious in lumping them all together and missing what could be a top performing sector for many years to come.
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