Fair response Westcott and I retract my poor and selfish comment.
While I don't think 50c is a fair takeover price either, what you must realise is that there is a chance that Hanlong may be in a position to back SDL into a corner, and if this is the case, the board may be forced to reccommend accepting a takeover offer, even if they don't want too.
So if the board are backed into a corner, they could be given an ultimatum to either accept their low offer, or risk losing everything as China could have already cut a deal with Cameroon and the Chinese shortlisted parties.
If the above was the case, how can you possibly be dirty on the board?
SDL Price at posting:
49.5¢ Sentiment: None Disclosure: Held
