I don't want to engage in a slanging match or imply what isn't true so this is my last comment on the AGM.
I've already mentioned that the directors accepted that it doesn't look good from a shareholders point of view. It's also true that directors naturally want to put their company in the best light so one has to read between the lines. As some naysayers also have said, quite correctly, it's not looking good.
What particularly impressed me at the AGM was that it was the Chinese speakers who were most enthusiastic at the Company's prospects. In other words those who one would expect to be most in the know about how the Chinese system works appeared to believe that the Company was on the right track.
So, the question is whether people are going to rue the fact they didn't get in while it was so cheap or curse the fact they didn't get out while they could. We should have a good idea in six months time.
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