doubt very much Xu is focused on his baby being takenover......one of the current priorities is to go for growth.....via online retailors and by taking over a similar "Bolt On".....
This was the reason that a Dividend was not paid last year.......This Year is different the old Chairman fell on his sword because the OZ based shareholders communciated his lack of performance in implementing the IPO and poor communication....this is the reason his left.
Benny (the current chairman )will suffer the same fate If his performance is the same...at the next General Meeting.....
The focus is Growth...... not being a takeover target...
A total turnover of 19.38million shares is the greates number of shares transacted on over 12mths....
some thing is happening in china.......
I suspect the Bolt On or growth initiative is being leaked by a little china man.....
dyor
Ann: Appendix 4C - quarterly-SBB.AX, page-53
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