As per my recent post...,
“I suspect there is good reason for OT news to be formalised and finalised very soon after the AGM apart from the obvious implication that the board will get their bonus shares if voted in favour and +25% OT agreed.
I suspect strategically the board are keeping Huayou and Yibin in check by not playing their hand before the AGM so that they can’t reek any havoc voting wise. Once the AGM is done management can then complete the best deal for all shareholders even though this may in fact not be in Huayou and Yibin’s best interest.
Super exciting week coming up.
AIMHO”
Today’s meeting has ticked the right boxes. Control of signing off on OT’s now is completely in management’s control without fear of reprisal and voting backlash from Huayou and Yibin.
Now these hurdles have been cleared I suspect the deals will flow thick and fast.
Bring it on.
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