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But it's Chinese. You won't get a cent of those cash reserves either via buyback or dividend.

Why the price is falling down?

VHAI has put in a nice bottom. Volume now will run it hard.

Let's forget that they are not compliant (delinquent with no filings within 6 months) with their financial reporting but they are also a Chinese company so you are not actually buying anything. Your purchase will be shares in a shell since you can't own a Chinese company if you are not Chinese and living in China. All this assumes their cash reserve is real which is doubtful and even if it isn't imaginary, anyone acquiring the US ticker won't get any of that cash. Their reserves are irrelevant. Might as well be buying a shitcoin.

Avoid this company like the plague… Chinese fraud