Shares & Derivatives
China Minzhong: A fully substantiated point by point rebuttal.
By A Singaporean Stockmarket Investor (ASSI)  •  September 1, 2013
Now, we know why it took China Minzhong so long to respond to Glaucus Research. Call me impressionable but the response is rather breath taking. A shock and awe operation almost. No effort has been spared as a full force encyclopaedic response has been issued: See: 1. China Minzhong strongly refutes allegations. 2. Annex A to D. 3. Annex G. 4. Annex H to K.
Is China Minzhong's response good enough to restore confidence in Mr. Market? Glaucus Research could have done the shareholders of China Minzhong's a favour if Mr. Market buys up with a vengeance upon lifting of the trading halt. Anyway, if Glaucus Research has indeed made a colossal boo-boo, they will be scrambling to cover their short position. Well, I am only talking to myself and I could be bias since I have a long position here....
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By A Singaporean Stockmarket Investor (ASSI)
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