Here's looking at the situation from a different angel.
Total shares on issues is 517 million
Guo Zhenhua hold 211 million
Tang Wenfeng hold 112 million
combined they hold 323 which equate to 62% of the company. Giving them control of the company.
now that Wenfeng has left the company, Zhenhua 211 million share equate to only 40% of the company. Which means he no longer have ultimate control of the company
Wenfeng interest now align with us shareholders and not with Zhenhua. She will either want to sell her shares or receive annual dividend, and of course she will want a higher share price.
If she does decided she want to sell, of course she will want to exit at the highest possible price. We'll just go along for the ride. Otherwise we'll just sit tight and wait for the dividend to come our way.
unless, Zhenhua have a couple of lazy million laying around, and decide to buy Wenfeng out. If he did want to buy her out, he would have already done it already, since it has been more than 6 months since she left.
DXF Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
