I don't think it's any accident this is trading where it is. The departing directors final interest statements just released show they had no holding. This is clearly a case where the major holder wanted to raise money through Australia, build a business in China then effectively keep shareholders captive by not releasing any cash from the business. There's likely to be a lowball buyout offer that allows the major holder to take this private at a fraction of it's true value.
Reaper
TTC Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
