Sweet FA volume today, SP still holding above offer.
This offer is doomed for failure, why does Zhaojin just admit defeat and withdraw its offer?
Answer: typical obstinate behaviour from a company based in China under a the control of political forces that cannot abide being stood up to or losing face...
I urge all holders to throw the offer in the bin.
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- Ann: Letter to Shareholders Regarding Zhaojin Takeover
Ann: Letter to Shareholders Regarding Zhaojin Takeover, page-2
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