Shenghe has shown every intent including taking up their holdings at the last raise with Chinese govt approval, It's only your negative disposition that suggests otherwise. Personally I'd be happy if they walked as it'd release Peak to work with another large fund, after all it's only around 90 mil But the guaranteed offtake at market is already binding upon Shenghe
PEK Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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