peartree and others. The 60Mill votes out of a possible 220Mill could have come from anybody to suggest they came from a particular party is sheer fantasy it could have been CDU's friends as payback for trying to give Hutch the bullet. The votes are a "secret" ballot and to say it was one party or another again borders on fantasy.
As for the conspiracy theory you tell me all I and others have stated was that if the Chinese got together they have a rather large holding in CDU, large enough in fact to influence the future of the company including paying dividends.
At this stage CDU has 3 Chinese directors. Oceanwide were the first investors Mr Mah? was the representative Naill ? was introduced and Mah jumped ship. [difficult not to presume a connection?] Sino also came on board with a new director. M.S bank did the deal for funding but it seems that one of the directors of OW is a director of M.S. bank?. The UW of the recent placement is also Chinese who may or may not have connections to any of the above who knows? Why was Azure given the boot? The short fall has also gone to parties with similar names coincidence again who knows?
For the record I do not believe that a take over is on the cards but subtle control is a strong possibility.
Not interested in conspiracies but I like to consider any possibility that may impact on my holdings in CDU after holding for 7 years I have learnt to expect the unexpected although of late unfortunately not much of it has been positive!
Why worry our fortunes are about to change we are about to have DSO sales on the 6th Feb.
GLA tv Apologies for spelling of various names and chronology of events please correct any of the above if you feel to do so. The above is without prejudice. Also I lived in Asia for many years and have been doing business with the Chinese for over 30 years I guess that gives me a reasonable insight in the way they work.
CDU Price at posting:
$1.51 Sentiment: None Disclosure: Held