under valued, page-144

Gilly
What a baseless and xenophobic post . It's ok when the Chinese poor billions of dollars into our resources , even too keep some companies afloat , but when they are a major holders in companies with cash , you suggest they are in it for themselves. They being major shareholders have lost significant dollars in both MGX and GRR, and they no doubt want to utilise some of the retained profits to move into other higher returning sectors/assets. If they were interested in themselves , they could distribute cash or buy back shares to increase their % holdings , but they haven't done either. As Chinese controlled companies , they would be assessing opportunities in line with what will provide the best return for them as shareholders, probably aligned with what the know Chinese demand ( and by extension us) GRr for example have a internal IRR benchmark of 15%, which means the opportunities they have seen are not attractive enough