fortunately we only have to wait until Feb 10 for SMC to finish their due diligence. I hope people had averaged down in the past. There's not much of a bird in the hand left right now.
FWIW, the first paragraph of IRN's statement saying it will not speak to 3rd parties until due diligence is completed by SMC, might be comforting to shareholders. Perhaps SMC has promised a good deal due to the delay- maybe there are other people interested... here's hoping.
http://www.theaustralian.com.au/business/indophil-extends-by-one-month-san-miguels-due-diligence/story-e6frg8zx-1225983231193
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