The current share price of SDL matters least to one party HANLONG. They are the ones prepared to to pay 57cents a share for the full takeover and as such they do not care whether the share price is close to the takeover price or where it is now.
By sending the share price to where it is now to me shows that when the takeover goes through they will use its current share price as leverage to show that their offer is more than fair and reasonable should the experts report prove the opposite.
They are preparing themslves so as to wrap this up quickly and by the looks of things will be quickly getting everyones vote regardless of what the experts report state.
I think the experts report will show a higher share price as being its valuation, but with whats happening at the moment with its share price everyone will disregard that report and vote YES.
They have achieved what they want.
They might not to business fairly, but if all we can do is sit here and complain then good luck to them.
May the rest of the world be under China's control very soon too.
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