i am referring to chinese companies buying aussie companies and joint venture and projects. A lot of them is about getting the best price or state own corporations which need permission from the top.
Lets put it this way thinkinloudly, if you were a billionaire and you know a company is worth 100m at the moment but you know they cant raise money.. so why wont u delay and delay and get the best price you can and say you buy it for 50m after a long drawn out negotiation. So how much have you saved? 50m right?
There are loads of resource companies that have great projects and people running the figures on them but why would they step up and pay a fair market price when they know they can get it at bargain base price?
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