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nsomniyak

06/13/12 12:30 PM

#3274 RE: Majobuki #3273

oh come on. The ONLY reasons for CHRI to do this deal are to get a foothold in the US and eliminate some of the "China discount". Of course the surviving entity is not going to have China in the name--that's the point!

if they do a deal, they will keep the HBRM name (or rename off of that) but would likely retain the more senior listing brought to the table by CHRI. Both of those steps would promote transparency to and confidence among US investors--which seems to be where CHRI has been going for some time.

In any case - I own CHRI and don't care much what HBRM management has to say to their shareholders, how many shares it has out, etc. As written, the HBRM PR looks like an attempt to prop up the stock. Nothing in there about a decision timeframe etc. - where's the beef?