Such a move is expected to be executed at the "right time".
The later GJ goes to HanLong with the "not unexpected", the better really.
This is why I think there is a very high probability now of a counter-bid being lodged (this saves GJ having to point out to the Chinese the obvious - "IO price is 80% up from when you pointed the de-stocking gun to ourheads. Now, as Chairman of Sundance, I have the fuducicary duty to protect shareholder interest from looters plundering in the hour of darkness").
SDL Price at posting:
37.0¢ Sentiment: None Disclosure: Held
