TIE (ASX) Ann: Change in substantial holding

Originally posted by Gwaihir: ↑

And I can assure you, after 30 years of small cap investing on the ASX with many Chinese companies.

The entire multi-national system is completely corrupt, and once you let the fox into the hen house then you are completely stuffed.

China is a one party totalitarian state, EVERY company has to do what the party demands, sometimes at what might initially look to be problematic, because the dictators present it as being for the greater good - of course, that's a load of political spin and crap, as we all know, but that is what actually happens.

In China, behind doors, there are deals within deals, within more deals - so complex you'll never know.

It's funny (and timely) that you should use a RIO and BHP analogy, when only on 30th October this year they both announced a collaboration and partnership development on combined development technologies to use at both their mine sites. It kind of shoots down your argument really, and makes it dead cold.

How can you really come here and make a statement about RIO and BHP without even knowing that, and then even have the ignorant effrontery to transfer that example to China.

You need to do some research and to start learning .

Please go and do some research my friend, and before you do that, go and study Chinese history, politics and culture for 4 years at a university like I did.

You may have even been raised in China or Hong Kong or Taiwan, but so much is filtered within their media that you can know nothing, even as a national.

For instance, how many Chinese or Hong Kong residents, or even those in Taiwan know that China has built 3 substantial large towns 10 kilometres or more INSIDE the border with Bhutan, and will probably invade Bhutan before they take Taiwan.

Honestly, the naivety of some people we get here on HC is surprising, because mostly they seem to be attempting to sprout their expanding egos more than anything else, it's astounding, and unbelievable at times. Mostly though, I just put it down to them being young and naive and bold, which I don't mind, as long as they have the mental capacity and wisdom for humility and from that the ability to learn and grow.

Gw

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used RIO and BHP as an example only to say RIO will not sell its share/or some other companies' shares to BHP at 50% discount when there is a T/O potential from BHP; not saying they can't form strategic partnership for operations. There is still a chance for a JV between Zhaojin and Chijin, but extremely unlikely for Zhaojin to sell its stake to Chijin at 50% discount.

You missed the point but that is okay haha.