I do not think it is going to be a takeover, and see it as a longer term investment in assets that are located in a region that will need to exploit EPG's resources at some stage. I hope the need comes sooner rather later.
I got into EPG before the Chinese (fund?) bought into EPG, and I was thinking of buying more shares before they came along. There is nothing to suggest this fund is Chinese govt owned or sponsored, unlike what is happening with their takeovers of companies operating in Australia.
loki
EPG Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held