Angle, good call.
A NO vote or ABSTENTION basically lies dormant (has no effect WHATSOEVER) if the hegde funds vote yes and you get PAID just the SAME (we keep getting told everyday the hedge funds will vote yes "as-a-matter-of-fact" as your votes are being canvassed to go into the HanLong basket).
Your NO vote or ABSTENTION (esentially a DENIAL to HanLong of your yes vote) will act as a turbo-charger to the hedge funds if and when they decide to BLOCK the 45 cents bid in forcing the PRC to revised the deal (which was tragically bastardized on the basis of price volatility due to DESTOCKING).
Another objective is to force the PRC to issue a FINAL OFFER (a catalyst to flush out any other competitive bids - there may ultimately be more than 1).
The funding SCARE campaign has NO LEG to stand on. Never had from day 1. Now that the People's Republic (who devastated your SDL holdings value on the basis of CISA directive to destock for a couple of months) has lined up the BIGGEST STEEL MILLS IN THE WORLD to takeover from HanLong. A country that literally bank-rolls the US treasury and desperately needs to have a SAY in IO PRICE NEGOTIATIONS in the coming decades has no funding issue.
Angle, good call.A NO vote or ABSTENTION basically lies dormant...
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