substantial holding, page-3

Keyser Soze - I have posted alot of comments about the ability of VDM to resurrect itself (their track record, lack of liquidity, current state of the market, their tarnished reputation, their balance sheet, etc. etc.)Not one of these reasons has been refuted with any substance.

In light of what has recently happend post capital raising, it has become even more obvious what is going on here. As was suspected Dr Hua isn't pouring money into a company to resurrect it. He is doing so to avoid the complex and costly process of an IPO.

When BHP drew down on a performance security it meant the CR was a necessity to keep the business solvent until the reverse listing strategy is complete. (Also, IMO there will be no more money from BHP, there will only be bad news from there from now on)

Unfortunately for the suffering shareholders, this isnt going to end on a happy note.