Someone posted a fair while back that Meijin cannot purchase shares on market because it has a different status to Jindal. Jindal is non government, meijin is government controlled I believe. But the RCI announcement indicated the sale is now behind them, and the board appointment today is a further pointer that we are going to try something different. Agree we may not have bottomed yet, 18c was the old base before the GFC crunched it back to 6c.
Gotta love the Indians - this is the second run in the company has had involving the sub continent, the last one being the BWN/Bushan fiasco
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Someone posted a fair while back that Meijin cannot purchase...
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