Hi Ash,I'm betting that NTU's new Exec.Chair, Adam Handley, will...

Hi Ash,

I'm betting that NTU's new Exec.Chair, Adam Handley, will be busily facilitating a series of block trades to 'friendly' insto's to soak up the divestment overhang.

Given his background is as a lawyer "specialising in advising North Asian investors investing in Australia and Asia. Sectoral focus; energy and resources, infrastructure, agriculture and others." (quoted from his Linkedin profile here), I find it difficult to believe that he, Exec Director Bin Cai and Non Exec Director Liang Bing Bing are going to allow their Chinese clients to be screwed over here.

Even the Aus Government would be reluctant to poke the dragon too vigorously, particularly with the PRC relationship repair ongoing with the visit of Li Qiang, the PRC No2, talking critical mineral development and trade.

Proof? Basically zero short interest despite the obvious share overhang , indicating that the big end of town are very wary of, or indeed are in on, a fix...I wouldn't be waiting to the death knell if I was intending to add to my position, once the resolution to the overhang is clear the price may well rebound...all IMHO!

DYOR & GLTAH!!