The JVs are increasingly being funded by the partners wanting through SSI access to China ..
( and note GCN holders that GCN is having a growing contribution to make in those JVs )
As to a takeover
SSI is an ASX company
IF it was to become a HK company say.. what of the capital gain tax implications could SSI be dual listed ? HK listing would make sense for SSI SSI is China focused Bigger capital market etc
With huge mooted organic growth ahead It is good to see attempts to buy into SSI validating the reality of that growth
The focus should be on what is best in the medium and longer term..
We surely want to see the golden goose mature
IF SSI needs funds why not a rights issue to existing shareholders ? I guess it comes down to how fast they want to grow.
A nationwide roll out as some of the announcements point to.. Will one would think take $$ A partner with big pockets who can bring things to the table might be OK too...
If you own a Golden Goose You have to be thinking of the long term You would have to think the short term will take care of itself..
IS SSI a golden goose That is the question
views and opinions motorway
SSI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held