Shagang Offtake, page-72

Going by rocket973 figures Shangans shenanigans' have been increasing year on year
Shangans discount % being taken from Shareholders
2017 6.33% below average pellets sales price
2018 11.46%
2019 13.03%
2020 19.2%
2021 +5% Shangan are looking for 24%

I agree with @scrat212
"Shagang should only get their discount through a return in company earnings via the companies dividend policy. Which we should all be a part of.
As a major share holder they should be pushing for better payout ratio and realize their discount this way."

I hope Institutional shareholder are aware of this sting and vote our way.