....As Chairman, I would urge you to consider all the relevant facts in these circumstances, put emotional considerations aside and cast your vote based on the financial merits of the issue. I genuinely believe that this is the best approach to ensuring shareholder returns are maximised....
This paragraph alone tells us nobody (even GJ) knows quite how the hedge funds and/or key holders would vote.
I will definitely cast emotions aside and focus on the FINANCIALS. There is nothing emotional about more money in the pocket if the hedge funds up the ante and expose Han Long's bluff. Hedge funds should wait for the bid declared FINAL and then decide.
SDL Price at posting:
35.5¢ Sentiment: None Disclosure: Held