No I dont beleive so both O.W and NAAIL have approval to go above 15% so its capped at 20% each under ASIC without a full take over tilt - Sino is a different kettle of fish as its a state owned entity - but there is nothing to stop new friendly Chinese players getting on the register under the 15% FIRB limit - the collective chinese interests only have to get to 50% plus 1 one share control sack the board and say goodbye to any eye watering divies - CDU looks very vulnerable right now ( IMO ) - long termers may well rue the day M & G left the building.
hOOt
CDU Price at posting:
$1.56 Sentiment: None Disclosure: Not Held