Rising and rising, with $1.13 level reached. Are the institutions back ? Are the operators covering their shorts? Buffett was right, buy when there is fear (irrational fear, unsubstantiated rumours)
YZJ has not done share buyback for a while -- cos of blackout period before 3Q results probably. Will it come back to the market after the results release (should be soon)???
Share price 96.5 cents is barely above the company's net cash level (including financial assets) of 95 cents. No value given to its shipyard assets, its business and its prospects. Hmm....