MGX Diversification, page-34

isnt the reason we have such a discount to cash revolve around the fact the chinese shareholders might exploit the company to their advantage; at the expense of minority shareholders? ( maybe there is many disparate interests amongst those chinese shareholder companies?!)( I do know its not just chinese who would take advantage of a similar situation - i did hold bell resources many years ago when the temptation got too much for bondy and we saw coe and even kinghorn etc do similar things though a bit more legal!!)

I seem to remember this company being brought to its knees in the gfc and the chinese (who had renigged on contracts) came offering to help out with convertible notes finance which turned out to be highly dilutitive!!

now much may have changed by now as i was so disgusted with what happened in 08/09 with this stock I shied right away!

please tell me corporate governance is excellent and we have good strong independent directors!