I find it an interesting coincidence that a big player starts buying into the company at precisely the time when retail investors (including me perhaps) finally start getting overwhelmed with despair about the company

("thing is smelling worse every day").

Sure, when I read the list of things to be done in 2012 with the fresh money, I am asking myself whether this might not be what I expected them to do in 2011 if not earlier.

I have to assume that Baosteel is not crazy. Otherwise despair would be a realistic option here...