KZL 0.00% 12.0¢ kagara ltd

Pen,Why do you insist on dribbling this garbage, the Chinese are...

  1. 2,178 Posts.
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    Pen,

    Why do you insist on dribbling this garbage, the Chinese are already at the maximum they can hold without launching a takeover, they can not be accumulating without notice.

    I have heard the takeover word a thousand times in the last ten years, it ain't going to happen.

    BHP would have swallowed them when they were 30c a year or so back when they only had 200m shares if that were the case, after all they have been approached to joint venture by every major regarding Ad Bay and that was going on a few years ago.

    I repeat the Chinese already hold the maximum and cant slyly buy any more. Also the foreign investment review board would need to approve it, i don't think they would want a wholly owned Chinese company having a tier 1 asset

    If there were any impending takeover rumors the share price would be rising, so i can only assume it is happening in your head.
 
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