From what I have read lately, respected auditors are no help anymore. They have scr*wed the Pooch too many times as well.
And there was news in a new article in Seeking Alpha this weekend about GS IPO china stock from a few years ago, that is now under scrutiny for fraud as well.
That said, I had this one on my radar a while back, and forgot what it was, then today's news in ABAT / CSGH (which I bought at recent fire sales, as it had been on my buy the bottom list for 2 years!), got my attention. Other than the risk of small cap China stocks, this one looks extremely undervalued value now.
Any know any real reason why this may be a fraud?
I am placing my share orders here today.
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