The Camerooni will sit on the mining permit until Han Long has accumulated 40% or thereabouts essentially preventing any counter bid.
Can you imagine a publicly listed company like Xstrata trumping a Chinese bid for a mine (without mining permit).
HENCE, DO NOT SELL FOR LESS THAN 57 CENTS.
The delay for the implementation scheme is a ploy to wear down your patience in order to accumulate against a superior bid.
Them Chinese are crafty and one can be forgiven to think the SDL board is duplicitous.
- Forums
- ASX - By Stock
- SDL
- delayed time table: ploy to accumulate
delayed time table: ploy to accumulate
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)