Interesting indeedy, thanks for posting...underlines the growing strategic interest in the West Australian RE industry within Washington IMO.
For mine it puts into perspective of one of the comments that Kim Beasley (former Labor opposition leader, former U.S. Ambassador, U.S. military history buff and W.A. Labor grandee) made in his post Diggers and Dealers keynote speech presso, along the lines of why build another frigate for $2-3 billion when we could use the money to help build a sustainable R.E. industrial base within Australia, and implying that this would be of far greater strategic importance to the US/Western allies than us building another frigate.
The author was incorrect in stating that the divestees had 90 days from June 2nd to dispose of the suspect shares, it was only 60 days which has long since past, and after the disposal of the approx. 150m shared late last week in off-market block trades, there must be around 440m shares yet to be disposed of... and still no sign of a change in substantial holding notice from Yuxiao fund... so some of the parties identified appear to be in breach of the divestment order and in open defiance of the Australian Treasury and Government.
Time for the Treasurer to put up or shut up, the shares in question should now be seized and cancelled IMHO.
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