taboon,dont know how you can say they have been outplayed by hanlong.They obviously agreed to the t/o as there was simply no better offers on the table,and sdl would not be able to raise the capex of 4.6billion to go it alone in the current market conditions.The reality is that this is the best option availible to sdl at the current time,and obviously any talks with other potential jv partners were inferior to hanlongs bid,or they would have went with one of them.People on this thread need to get a grip,and realise that most speccies have been belted down by more than 50% over the last few months of market turmoil,and if the hanlong bid was not there,then you would really have something to whinge about as the shareprice would be about 20cents now..........
SDL Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held