RFT 12.5% 0.7¢ rectifier technologies ltd

Wang Gand - Pudu, page-9

  1. 537 Posts.
    lightbulb Created with Sketch. 161
    that's old news, directors (including those associated with PUDU) had lended money to the company, they eventually converted that debt into shares back in 2014 I think.

    The Wang Gang accumulated shares because Aussies sold their shares off over time, the Chinese elite see value in business assets... there was a time when this company was predominantly Australian.

 
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