HL is advised by top-tier Australian banks and firms. PWC(AU), Merill(AU), Macquire, Freehills, Mallesons and the list goes on.
Once these firms help HL to complete the deal, they will make more money than you can ever imagine. The more money HL saves, the more they will make. Call your friend whos at the investment banking department, they will help you understand the whole situation better.
Everyone must agree that SDL owns a monster of iron mine. Unless you have 2billion cash under your pillow, there is nothing you can do about it. BHP isnt doing it.
This deal might be in the text book of M&A101 classes for one of the most successful acquisition in history. Call up your New York friends, they are in love with HL for what they are doing, Americans are masters.
Stop hating a country or a nationality when you involved in a bad investment, it just makes you look dumb.
For those folks put up their houses and the whole retirement funds into SDL, you need to see a doctor.
Goodluck.
Spooky6 -Make sense first then try to make money-
SDL Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
