Totallty agreed, I don’t think Ansteel are altruistic but they are basically stuck with the operation anyway, GBG won’t contribute so I reckon they’d rather have it in a private company. Citic was a way bigger mess up but at least they don’t have to keep making ASX announcements. That alone must be worth the price to Ansteel.
I want to see the numbers, surely they’ll have to get the voting info to us at some point soon. If KML’s value is marginal then they can go hang but if it is heavily negative then it makes sense to me to get out. May as well get something. Why watch the ship sink and pay management along the way if we have no chance of a return from KML?
Totallty agreed, I don’t think Ansteel are altruistic but they...
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