Yankaung only hold around 65 percent. Other Chinese entities own...

Yankaung only hold around 65 percent. Other Chinese entities own significant amount. Retail probably hold 15 percent now. Neither Chinese entities or retail will likely sell with 5 Aus dollars for a stock which is already paying roughly 20 percent dividend despite paying down debt and accumulating war chest for acquisition. The offer was not actually made . Even then YAL imdependent directors didn't approve of it. Glencore sold it's 5 percent within 15 minutes. Buyers are now sitting on 20 percent gain after a couple of months. FIRB will not likely approve of it. Therefore, it can still happen but what's the chance unless coal price drop.