"Ye Cheng chairs the Shandong Landbridge Group. The company's businesses include port logistics, petrochemicals, timber trading and real estate. Landbridge is also an investor in Rizhao Bank, located in Shandong, that has 43 branches and 1,200 employees. Chinese government-controlled giants Cnooc and China National Petroleum are among Landbridge's business partners."
Surprise...
I think they need to start again; at least at the original 65 cents per share. To say that we have been diluted due to capital raisings is technically correct, but that ignores the value added to the company by those capital raisings.
WCL Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held