JID, you have summed it up well
Ktrianta, yes you are right in saying that CFE is dam cheap and has a great bunch of assets for the Chinese to devellop....
having a think about it now I think a takeover could take place by a certain type of company!
a company like CST (the HK company that bought LA) headed by the likes of ex OZ mineral Owen Haggerty could be the sort of company that could takeover Aussie companies like CFE that are dirt cheap on paper
Maybe not a CHinese miner or steel mill but an investment type company?
Obviously Australian investors do not value CFE type resource companies very highly but Hong Kong investors do?
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food for thought, page-20
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