In light of the potential impact on the selling price there is obviously interest in whether or not the Dingyi proposal develops into anything.
What I don’t know and would appreciate comment on is whether Dingyi becoming the majority shareholder would be a good or bad thing. I think there has been sufficient comment as to the performance of the current management so no emotive response necessary in that regard. Bottom line, as a shareholder who is still 50% down at 66 cents, would Dingyi (or the likes thereof) be the solution to the SP finally moving in line with the fundamentals of the asset, or is it something to be concerned about?
Thanks.
K2P Price at posting:
45.0¢ Sentiment: None Disclosure: Held