not sure if this has already been covered, buy found this article on the announcement:
https://www.moneymorning.com.au/20190628/triton-minerals-up-20-with-strategic-partnership-asxu.html
key piece I took from it (despite capraises claims Shandong are selling because its a bad stock) is:"Of course, there is still the underlying question of why Shandong agreed to sell their stake in the company. But a quick Google search will tell you that one of this company’s subsidiaries, Shandong Tyan Home, is currently under severe scrutiny by investors for their deteriorating, yet unexplained, financial position" seems like a pretty valid reason to sell to to a company who have $10billion of assets if my maths is correct. This is from quick research so not sure how accurate it is but if Shandong are getting grilled by their investors for not stacking up financially why would we want their involvement in our financing? All positive if you ask me
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not sure if this has already been covered, buy found this...
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