Thats it. Masons has cut and run to deploy capital elsewhere. They even get their $20m loan repayed in the excercise. And lazarus lets them say they can book a profit on the excercise. Thats what chinese call a win-win.
Lets see how the aiyingdao deal plays out. If masons dump their shareholding in the, then wha strategic distribution relationship is on the ropes and they are on their own.
So much for all those posters who a year ago said CFDA was a slam dunk in the short term because of Mason’s connections in china. This is the clearest demonstration that they dont think it will happen soon.
WHA Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held