LCY 0.00% 1.8¢ legacy iron ore limited

For all we know Tao Han simply voted no because he knew it...

  1. 813 Posts.
    For all we know Tao Han simply voted no because he knew it wouldn't matter.

    What I mean is that going into today's vote he probably knew it would be passed and to thus knew he could vote 'no' without any affect on the outcome.

    The chinese value loyalty and there is some pretty deep rivalry between china and india and perhaps by voting 'no' mr Han was able to save face and show his allegiance to his Chinese buddies.

    Surely he sees the nmdc deal is a long term positive for LCY - otherwise why didn't he ramp up his chinese mates and get a counter offer going (perhaps he did ??).

    Take this with a grain of salt - it's pure speculation !!

    Happy days ahead - but maybe we will have to wait till new year until we see some real action and perhaps some substantial announcements ?? Soon see ....

    Cheers dw
 
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