Those 160 millions shares are now disburse into retail hands,...

Those 160 millions shares are now disburse into retail hands, otherwise they would have been require to lodge significant holders interest announcement. The shares are being dump on the market, hence the drop in price.

if it does come to selecting to liquidate the company, receiving 15 cents per share back OR  keeping the company running as is. Iam very sure every shareholders, except for Jiameng will choose liquidation.. Jiameng & co only hold 20% of shares.. guess which side will win ?