Ann: Change in substantial holding, page-7

Yes, I think their intention is to sell most of their shares, if they can.

I think it might be part of the agreement with their financiers on condition for their restructure, it's a bit unclear in the Chinese translation documents.

Unfortunately, that means AJM will probably not be going anywhere in terms of share price for a year or more.

A broker and Analyst and Newsletter in Perth who I spoke with, and who are aware of this, have put 12 month price targets of 9 cents on AJM, only because they expect Shaanxi to be selling for the next year, not because they think AJM will have any production problems or anything.

If they want to unload 50 million at a time, surely a broker can find a buyer "of bulk shares" at 13 cents.

So it might even be out of Shaanxi 's hands, if they want to stay afloat and their financiers have demanded it as part of the rescue package.

Its going to be hard going for AJM's share price over the next year - if this is true.

Why doesn't a big global motor company just come in and buy up all the Shaanxi shares in one go?

Gw