As stated above, the Group's cash balances as at 31 December 2014 were RMB 410m (unaudited), equal to 57p per share or 370% of the Company's market capitalisation as at 3 February 2015. The Group remains committed to its AIM listing.
EDG just doesn't seem to tick up lol, its got to pop sooner or later
OH well, my timing never was great 
Keep reminding myself that a profit is a profit Grrr....
Well, a sharp drop in the widely-watched Baker Hughes rig count helped. It revealed the number of oil rigs dropped by 94 during the week to 1,543. It was the biggest weekly fall since 1987. There are now 242 fewer rigs in action than this this time last year, which means less capacity to pump the black stuff.
An odd thing happened at the end of last week. The oil price began to rise; and the short-term trend appears to be higher. West Texas Intermediate (WTI) is currently trading at $51.1 a barrel, up 15% since early Friday when a barrel could be bought for as little as $44.31. But with no change to the fundamentals - over supply and weaker demand - what's behind the sudden reversal of fortune?