ASM 1.85% 53.0¢ australian strategic materials limited

Ann: USD 15 m Subscription Agreement at AUD 8.90 per share, page-195

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    Hi DaC
    sorry forgot to reply to this ages ago
    for chaebols they would be
    - take a long time to decide
    - but when decided they move extremely quickly
    - conservative decisions in areas outside core business
    - visionary risk takers at times in core businesses
    - prefer huge scale investment over smaller ones
    - always screwing over suppliers hard, especially SMEs
    - like to outsource in house through subsidiaries

    and the most important

    - utterly obsessed with vertical integration
    (join the dots on that for ASM)
 
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