Agree. The market reaction to FWL deal says it all although i reckon FWL had no choice but to take the deal. Taifeng is looking for opportunistic deals. Still believe PDY is looking for bigger fish. Right now is the worst time to issue stock as markets are in the tank. Even big Clive pulled his deal. If the terms are not right we should not be signing yet.
once upon a time, page-4
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