Why would CIC be doing due diligence beginning about a week ago ??
Why have the Chinese expressed so much doubt in the media about the viability of the Mid-West all the while wasting time going through the data room ?
Have you seen a Chinaman attending an open house inspection half an hour before an auction heaping endless praises about how beautiful the property is and how it must be worth quite a bit.
No, he would insist the house is crap.
Then just before the going, going , gone....he raises his hand with his 1st bid.
MMX Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held