Ann: Binding Transaction Implementation Deed with SQM, page-296

The ONLY reason this stock traded at 3.50 today is the heavy buying by Euroz Hartley for their client GR. She speaks for 14.xx% already. 5% more (20 million shares approx) and she will be done buying. Not sure we will have enough in the tank to keep the stock at 3.50 level.

She is not spending 300 million to make a quick deal with SQM. There are likely to be protracted negotiations and power play between SQM, Creasy and Gina. And then there is FIRB , who may not like Chinese holding 23% of SQM shares!

All things considered - 3.5 was enough for me for today - position closed but havent put down the pop corns yet. This drama is only just starting.