Ann: Change of Director's Interest Notice - X.Liang, page-13

Every single Chinese company I have invested in on the ASX has collapsed spectacularly within years. I cant even remember all their names any longer.

Why is this in an economy growing at 7% pa? Should be boom times!
Is it just that Aussies are good patsies and can be strung along on a great story?

You have to hand it to CMC though. At least the story keeps changing. Is it the greatest fiction ever written, a religious tome for 'believers' who can hold the faith or a an accurate chronicle of 'best efforts' in what appears to be an impending disaster.

Will I ever touch another China focused ASX listing? Never. Thought this would be different but that is not the case.

I hope you don't have any money in this that you cannot afford to lose traydor. I am not trying to downramp, but you must see the writing on the wall. Companies can only spin their wheels and drift backwards down the slope for so long before they fall over the cliff.

I hope they put a good show on for you in the quarterly and get a good pump on it but be quick footed as I think you know what will come shortly after.