I have always felt somewhat disappointed that 20% of our company was sold to Shenghe...but even though we are listed in Australia, as the trade was done through Singapore the government here may have been unable to interfere. It's not to say I can't see any value in their presence on our register, but I have always suspected there was political interference through some sort of Chinese lobbying (or something even more sinister) that has contributed to all the delays and constraints on PEK's plans for processing.
Nevertheless, it seems the Australian government may be taking a more activist stance as per this news article which I thought may be of interest to some.
https://www.abc.net.au/news/2023-03-01/government-blocks-yuxiao-fund-increase-stake-northern-minerals/102036224
regards
DF
I have always felt somewhat disappointed that 20% of our company...
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Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $51.85M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $51.71K | 257.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 73648 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1068 | 1 |
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| Last trade - 15.59pm 20/06/2024 (20 minute delay) ? |
| PEK (ASX) Chart |