If you are utterly desperate ...there is a buy queue at 4.2 cents. I think the upside for this stock is big. The annual report and the AGM discussion suggest the turnaround will come this year.
I have taken a position in this stock. Volume is getting up and besides the valuation being out of whack, there is possibly a fundamental improvement in the business. Go baby! From 4.4 cents to 10 cents!
There is indeed buying interest. Some people are patiently queueing at 4.4 cents. Just throw to them if you have no more faith, or have better use for the money in another stock.
Very good sign, China Fibretech is holding strongly to 4.5 cent level. At least for now. Such an undervalued gem, which will see earnings recovery soon (at least that is what the chairman said at the AGM).
