nsw csg regulations - smh, page-21

Gosh, you guys!

There is no offer.

There is a company throwing a loose figure of "52 cents" at Westside to gain access to a due diligence process and start their "squeeze" tactics.

It's one stage up from "tyre kicking" (but not far off it)and being non-binding, is just as deadly useless.

One thing The Chinese are very good at is exploiting the holes in our various regulatory systems to gain an advantage.

Refer to DML making a formal complaint to ASIC about their so-called "takeover". The Chinese were laughed out of the office. More dodgy "get out" clauses than you could poke a stick at, with very questionable legal advice. :)

Anyway, all this does is continue to damage their reputation long term but they never seem to mind.

Continuing to hold here while I watch all the shares I have previously owned go through the roof with no end in sight.

*sigh* story of my life!

Cheers,