Sinomem
Sinomem benefited from listing of Reyphon
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This Sinomem is not in index
No wonder price keeps dropping now
Sinomem has a few more subsidiaries. I believe Dr. Lan has plan to list 1 or 2 more to create value for share holders. Good share for long term investment.
Sinomem is holding 163m Reyphon shares at a total cost of $1.5m (0.9 cent per share). At today's closing price of $0.61, Sinomem's net asset value effectively increases by about $95m which translates to an increase of about $0.20 per share.