You'd be correct in saying they're originally a UK fund management company with 200+Billion in assets.
Though, Prudential's largest division is Prudential Corporation Asia, which started in the year 2000. Now with 15+million customers vs 7-8mil in the UK.
Regarding the looming Takeover... Does the Chinese influence run the S/P up in order to bank on a high-end takeover of the company. Or Do they assimilate the company into a Chinese-state run corporation. The later I see unlikely, due to australian regulations.
Seeing has the investor influence comes from a company Fund management portfolio, dealing with a base of pensions & life insurance. I would conclude the takeover from another lithium company is more than likely, if it were to happen at all.
GXY Price at posting:
17.1¢ Sentiment: LT Buy Disclosure: Held
