LNG liquefied natural gas limited

lng snapshot, page-81

  1. 5,879 Posts.
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    Lefevre,

    I attend to agree with your comments.

    It will be interesting to see how the ADR's react tonight with this news.

    You would suspect that more American involvement would be seen as a plus rather then a minus...

    The more I think about it the more I like the chinese not being involved to the extent that they were. I have posted in the past that their contribution in helping to make LNG are better company has been quite useless.

    They came with bells and whistles and left having achieved absolutely nothing.

    Am not too sure why they wanted to retain 10 million shares to be honest.

    But the new holders will encourage others over in the U.S to become shareholders. So it's a win win for LNG.

    The chinese took a strategic position in LNG to become involved in Fishermans Landing. When that didn't happen they obviously did not see the need in having that many shares in LNG.

    They certainly don't need the money. They have plenty of that, so that was not the reason for the sale..



 
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Currently unlisted public company.

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