All of this negative talk, you keep talking about takeovers without any substance at all, on the 3rd of January 2011 i posted the following article on this forum.
Zhongjin Lingnan currently own 52% of Perilya and that is all they can own. On the 5th of February 2009 Perilya advised shareholders that Zhongjin Lingnan had received confirmation from the Federal Treasury under the Foreign Acquisitions and Takeover Act 1975 (cth) that there were no objections under the Australian Government Foreign Investment Policy to Zhongjin Lingnan Acquiring an interest of up to 52% in Perilya (FIRB Approval).
I may be a little naive but as i understand it that is what they own now, and that is all they can own.
As far as i am concerned all of this talk about takeovers is absolute unsubstantiated rubbish, however if you know something we dont please tell us, My opinions only DYOR.
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