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China Auto Logistics (CALI +70%) soars after the Nasdaq Stock Market notified it that it has...
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Wednesday, November 7, 2012, 3:41 PM ETChina Auto Logistics (CALI +70%) soars after the Nasdaq Stock Market notified it that it has regained compliance with it's minimum bid price continued listing requirement, as a result of its closing bid price at or above the minimum requirement of $1 per share for at least 10 consecutive trading days.
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I think there could be a good chance we see it go private in the near future because of how undervalued it currently is on the US market.
It just recently did a 1 for 6 R/S to stay listed on the nasdaq so i find it unlikely they could go "dark" anytime soon...
Revenue 501.26m
Net income 6.90m
Incorporated 2005
Employees 152
Average volume 61.85k
Shares outstanding 3.69m
Free float 2.05m
P/E 0.90
Market cap 6.28m
EPS 1.88
Cash flow per share 2.02
Book value per share 16.06