Westcott,
is accurate in his opinion. The Chinese tend to work in concert with each other and it can be hypothesised that Hanlong were trying to do a creeping takeover of SDL, or close to that effect. This is a strategy that is not out of the ordinary.
The Chinese are on a rampage to secure hard assets and thereupon convert their US dollars into something tangible. Their 5 year plan clearly indicates a need to secure key resources for infrastructure build and agricultural farmland. This fiasco will take a while to dissipate and we should see some interesting coverage for BMN and SDL.
Personally, i would wait before putting in any investments...it would be scary to think what their share price would be if the ASX was in the red! I suspect some major volatility on the board in the global markets and as such there will be opportunities in the interim.
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