News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths, page-146

So many posters are saying having a Chinese shareholder who paid a 25 percent premium is a bad outcome. They claim a 19 percent holding allows a shareholder to influence the direction of the company. They say it will sink the project or slow it down.

I am curious yet again, HOW?

They don't even have a board member now.

It's outrageous to see this as anything but positive as the management have also said. This company simply wants to diversify its resource base outside of China. It's simply smart business and great to have smart shareholders on our registry.


Those that sold out don't see the big picture. I expect A. ppian got something in return for this holding and it wasn't simply break even, they had many opportunities to turn a profit if selling was their game. They did shanghe a favour and I expect shanghe has done them an equal favour.

To the posters saying doom, please back your comment up with rationale