Ann: China Oceanwide requesting FIRB to increase , page-19

re: Ann: China Oceanwide requesting FIRB to i... Cheers Kubrka hope you are keeping well - I have had a quick glance at the register and it is possible that O.W " could have a few friends that have collectively picked up 5% of the company under the 5% sub holder reporting level and O.W could in theory do a OZL/SFR ring around to go from 15% to 20%

There is simply no way that 34m shares are hiding in nom accounts but 3 or 4 individual holders or noms at 1% ot 1.5% each is possible. For those that think O.W are good guys or to Quote GJCL have displayed " exemplary behaviour ! LOL have we all forgotten that O.W originally had FIRB approval to go to 30% but reneged on their agreed $3.90 issue - Cant we remember how much havoc it caused and how many months of suspension was endured while W.M sourced an alternate deal.

Curiously O.W had Mr Ma on the board as their rep but when O.W reneged Mr Ma introduced NAAIL and they got a placement at $3.60 not $3.90 - Then MR Ma left O.W but remained on the board ? Who does Mr Ma now represent given O.W and NAAIL both have directors on the board ?


Similar fun and games happening at PLV - Look at GBG and SDL plus a raft of others - Im still waiting for a short list of ASX codes that have 20% to 50% Chinese dominance on their register that have been winners for retail holders after they attained such registry dominance.


hOOt