re: Ann: China Oceanwide requesting FIRB to i... " does not mean the same can be said of the Chinese…….so far their holding conduct has been exemplary"
Short memories my friend as Garret used to sing - Both times CDU got to $5 was off the back of M & G buying on market - M & G got 10m shares at $2 post JORC at $2 then bought another 10m on market - then again last year they took $32m at $4 in another placement then brought more on market- before they had a lovers tiff and dumped the lot.
To think that having close to 40% of the register owned by the Chinese is going to benefit the retail holders is naive at best in my view.
GJCL = I can quote numerous stock codes on the ASX where Chinese dominance has been a disaster - can you me give your short list of stock codes that have been a success for the Mum and Dad holders ?
hOOt
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