GJ said no to 40 cents. That's why they up it to 45 cents.
He should have said no all the way.
Well, we sacrificed a 12 cent plunge from the 57 cents bid which was released officially via the ASX as a figure that could NOT be lowered (in exchange for a NO-SHOP-NO-TALK waiver).
A heavy price to pay if nothing comes of it.
That's why it is so important for the hedge funds and holders to play the counter-bid role.
China is all bluff. Seems like the only NO that matters is one from the hedgies and holders for the Chinese to stop the nonsense.
sdl gets finance breaking news, page-106
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