Following a wave of withdraw of non-binding privatisation...

Following a wave of withdraw of non-binding privatisation proposal in the US, I express my concern over the company's founder's ability to raise the money in a short time period, the 33% takeover premium shold be discounted heavily in this climate. In terms of finance availability, Chinese banks are going to face losses in some parts of their operations as part of the global melt down, margin will be raised and equity investment capacity cut, this will have impact on confidence and reduce finance availability for deal making.

Although I know Shen has the money, whether he's willing to use it now depends on his alternative use of cash. Many of shareholders can't figure out why he didn't come up with enough cash on sept 9. Is the cited reason the real reason? you bet.

As long term investors, time is again on our side, at least for now.

By the way, where's that 19c offer, come back!