Will China Carbon Graphite Go Private?

Seeking Alpha reported China is continually privatizing its companies and may make a move for China Carbon Graphite Inc. (PINK:CHGI) next.

As quoted in the market news:

It is my belief that quite soon the management of China Carbon Graphite Inc. (CHGI) will avail itself of China Development Bank funding and take the company private at about $1.25 / $1.50 or more for the 14.8 million shares that are not under management control.

Click here to read the full Seeking Alpha report.