APG needed and has been given the approval from AZC to sell...

APG needed and has been given the approval from AZC to sell their 20% stake in the WIM 150 to OZC, which was sold (cheaply in my mind) for $7.5 million. APG are more interested in getting other projects up and running using the cash generated from this sale to move forward.

DCM has to sell their (80% stake) WIM 150 assets before autumn of 2013 due to a €250 million debt problem which DCM passes off as company restructuring and focusing on core assets blah blah.

OZC want the WIM 150 and must see it as a good long term investment with great potential to fight like cat and dog to get their hands on it.

It is only a question of time before AZC and OZC come to an agreement and AZC sell the remaining 80% of the WIM 150 to OZC.

AZC will once again have a new majority shareholder which is a well-heeled Chinese outfit that are not strapped for cash and need the Zircon and other stuff to meet their own demands.

How does this translate to the average Joe shareholder like me and you?

I bought shares in a company and the majority shareholder has been bought out. I still own shares in that company but they are only worth something if they re-list.

If cash is not an issue does the new majority shareholder have to re-list to become a going concern (mine and make a profit) or are they under no obligation?

Would it be in their interest to re-list?

If AZC re-list with a new cash rich majority shareholder then it can only be a good thing going forward!

Any feedback would be much appreciated, cheers!