AABB - Gold Panda's OTC Short Ideas - Asia Broadband Is Mysterious And Overvalued
- Asia Broadband is a gold mining company that is venturing into the cryptocurrency space with a gold-backed coin.
- It recently sold its only producing project for $82 million, so it’s unclear how the company is going to source the gold needed for the launch of its cryptocurrency.
- The remaining projects in its portfolio are small and I think Asia Broadband’s business should be worth around $130 million.
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Gold Panda's OTC Short Ideas - Asia Broadband Is Mysterious And Overvalued