Strategically, this was Not well managed at all. Should have got...

Strategically, this was Not well managed at all.

Should have got the CFDA first - and with the licence and the resultant higher SP, WHA could easily have raised the amount of money required.

Instead, it is now locked into this position which it can not get out of - higher Debts, which under current earnings; it can not service. And added to that, the uncertainties in relation to CFDA approval.

IMHO, the trade tensions between the US and China will continue to drive the SP of this stock lower.