what they noticed what was a newspaper article publishing information received from 'sources close to the transaction' that another party was going to make a bid, and that party was a big mining house but not vale, bhp, or rio.
then they noticed a big increase in volume and the sp rise from $0.49c (below Hanlong offer) to current sp of $0.53
what they are doing is putting SDL on notice that, should another bid materialise from a big mining house that is not vale, rio, or bhp they will be looking very closely at who bought what shares and when...
SDL Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held
