Hey people,
Im normally an active reader rather than a poster on HC. Thought I would share my 2 cents today. I have held SDL in the days when it was 12c and then bought more before the takeover offer at 30c. I believe this deal will go through and the main reason is because of Chinese pride. This is not just a small Australian iron ore company been taken over. This deal involves Governments of Africa and China and the last thing China would want is to burn bridges with the next Pilbra.
My conspiracy theory on the CR is that its a way for the key Insto's to be given some bonuses for holding on in this prolonged deal because we know how they all care about their short term bonuses!
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