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China Green Agriculture Inc T.CGA


Primary Symbol: CGA

China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People's Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). The Company's segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company's primary business is of fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong, and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng.


NYSE:CGA - Post by User

Comment by soladadeson Sep 21, 2012 1:21pm
265 Views
Post# 20396680

RE: A no brainer to 3.18?

RE: A no brainer to 3.18?

The $3.18 was based on the exchange ratio of 0.74 based on BTO's sp at the time. If BTO goes up to say $5, then CGA's SP would be $3.70. If it stays @ $4, then CGA will trade @ $2.96 - save for a competing offer or folks anticipation of a better competing offer (which I don't think we will see IMO).

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