I finally got a good listen to the AGM.
Peter implied that the Reserve Bank in China is holding up money leaving China. I appreciate that China is a very regulated country, and I have had clients have similar problems. He also said the buyers are still super keen to settle the transaction.
It gives me comfort that he has come out and officially stated that on the record. This is a clear case of misleading shareholders if the transaction does not go through, and this bank guanratee is not actioned.
WEBK
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