Remember that regulatory approvals for the LH purchase are required from Beijing prior to the deal being ratified. If they were to withhold such approvals it would presumably be in response to Australia's recent comments re South China Sea dispute. The Chinese government is furious, and has threatened retaliation. Its conceivable they might scuttle the deal out of spite, despite the acquisition clearly being in their national strategic interest.
Company debt?, page-10
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Last
$12.65 |
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Mkt cap ! $3.782B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 4500 | $12.63 |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.66 | 3571 | 2 |
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| PDN (ASX) Chart |