Another positive sign for SDL holders (IMO) as the Chinese are shedding the hanlong baggage and any association of the much regretted 45c reasonable price heist.
I am almost certain the Chinese bid for 100% of the asset is with SDL. Figuratively speaking, it may have a blank cheque stapled to it. Just waiting for what the other finalized bids now.
Politically alone, this is IMO a deal Beijing cannot afford and must not allow to lose.
Good luck to holders.
SDL Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held