Hi fontesy. You are confused. Newspaper articles stated Calvin zhu (in jail for inside trading) took money off Liu Han to buy shares and CFD, actually Liu was angry when he found out. Calvin stated he fears his life and his family lives. Sundance deal failed because hanlong couldn't get the loan from bank. Articles stated Liu tried many times with bank, but it was too big. Similar to Australian guy Nathan Tinker with Whitehaven coal of $5.5 bid, but failed because too much debt for banker. Don't forget Liu also got $600m+ deal with General Moly in USA. He tried to take on too much instead of focus on smaller projects. Nathan did the same too. I'm just stating what newspaper published not my own opinion.
MOL Price at posting:
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