PSP 0.00% 0.1¢ prosperity resources limited

From what I can gather Wijaya got all his shares for free being...

  1. 193 Posts.
    From what I can gather Wijaya got all his shares for free being the director of the in country partner. He used to have some transport interests in Australia back in the heady days before the AFC such as the Darwin - Kupang ferry. Also it appears he was a part of the unknown syndicate from the British Virgin Islands who bought Metro City club in Perth. Anyone care to correct me?

    Business in Indonesia is still very much relationship based and lots of "grease" is often needed to get things moving, especially so being a foreign company. This is one of the hardest things to quantify.

    Lastly, I don't think those banks are shareholders per se, rather used as nominee holders for other big hitters who want to remain anonymous.

    Cheers, will keep watching this one.

    Mining in Aceh: http://www.thejakartaglobe.com/home/activist-sounds-alarm-over-acehs-new-mining-plan/433895
 
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