Shandong will, IMHO, want a decent return on their investment.
What I know of Chinese businessmen, as any other business people, is that they do not invest in a company if they do not see profits coming out of it.
As such, their interests as a majority shareholder will still align with the minority interests.
I can see only one situation where they will want to drive the share price down further and that is if they have plans for a full takeover later on. This would be costly for them though and an outright takeover would make more sense.
I would have preferred that our board sold less than 51% to Shandong but, for what it is worth, I think the recent price drop is overblown and I am buying more shares.
FML Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
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