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Rabbit's Foot an old good luck charm.
It said it has signed a MOU with US-based food distributor Best Food Services Inc to supply onion rings products.
China Kangda will invest about RMB14m in building an onion rings production facility and buying production equipment. The facility is expected to begin production in December and produce 3,000 tons of onion rings per year.
The company will use its IPO proceeds to fund the capital investment, the firms said in a media release.
Now seems like going up to 0.62 liao !
pe at 60cts is ard 11x... quite cheap... if shortist in action tomorrow, shd be able to get it cheaper..
NRA has a fair value of $0.60.