Maybe off topic, but do you know how Chinese acquired Fisher Paykel? They first became a partner, major share holder, then gradually increases its stake till 90%, hence 'compulsory takeover'.
Angang just bought 5% of GBG with its pocket money, who sees the future of IO? If the consumer (China) is buying GBG, why not us retail investors/traders? At least it is cheaper than buying SDL!
I don't understand why all those crazy selling. After billions of dollars spent and continuous producing / shipping, now it only has $250 million market cap? What a joke!
But hey, great money is made when people are too greedy or too scary.
GBG Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held