..The SP would tend to agree...
The sp that matters is the sp that SDL will be trading at when this is done and dusted. Some may have taken a seriously wrong bet on the sp as a few small time retail muppets on obscure HC should never be reminded on a daily basis (many time in a day) why they are wrong to be expecting anything other than 45c and why their NO votes while so useless are yet so dreaded.
To be fair, the delay IMO now is not the Chinese fault. Think they are laying the ground work to re-instate the original bid. The board's silence could be interpreted as "helping" the chinese to save face.
As I say, the 45c deal is looking more and more dead in the water.
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