Am I reading this correct,that others were starting to take up a...

Am I reading this correct,that others were starting to take up a position in sdl so the chinese were desperate to do a deal?

"Chinese Dragon Mining has hired Merrill Lynch and Deutsche Bank as financial advisers on a daily basis Sheng Danshi stock analysis.Soon discovered that between May and June,several large foreign companies have begun to Sundance in the secondary market to buy stock,is likely to issue tender offer.Chinese Dragon Mining Company as soon as possible into substantive negotiations with Sheng Danshi."

Second or third bidder likely?

Thanks Westcott.


Although it's a bit insulting that it reads as current owners don't have a say.

Cheers EWO.