comments byhanlong & 2nd offr delay good 4 sdl, page-11

IF the Big Boys are interested in SDL - on economic measures and particularly to circumvent China's access to the long term supply they will not move IMHO until Hanlong have done the heavy lifting for them.
That is - they will wait until Hanlong get to a stage where they arrive at a price acceptable to the SDL board (eg $0.60 )and the board will recommend acceptance in the absence of a higher bid in return for HL dropping all conditions.
Then and ONLY then will one of the big boys enter the fray within days of the updated HL bid, knowing full well that the action is Big Boy vs China (having removed the SDL Board as a party).
If they moved now they would only give the SDL Board further leverage to use against HL and that implies a higher "starting price" for all parties.
IMHO - $0.60 is the next bid from HL with further upside only if Xstra / Vale get into it.
My disclosure, pre bid avge cost $0.41, bought heavily at $0.49 post bid and bids in market now at $0.50.