I'm with Antonist on his view about Chinese takeover.I've raised...

I'm with Antonist on his view about Chinese takeover.

I've raised this matter previously that a few Chinese takeover (e.g. SDL, BMN, DML...etc) all had the hallmarks of offers but did not go through the deal, dragged on for years before offers pulled out.

As I've said, with the global market tanking recently the offer of 66c do look expensive if I were to be one of Dingyi major shareholder. I'd pulled out of the offer, wait for the price to tank and put in a 2nd, or 3rd low ball offer. I know how Chinese mind works, they'll get the lowest price as they can.

I don't think there'll be other offers in this current market.

Anyway, if ppl think it'll be 50% gain I challenge that you put in all your asset and SMSF into this stock. Why not if this is a 100% absolute win trade? In reality it's not becoz the market will always act in the opposite of what's already known in the public arena.

The leak of funding and other items on the web - which didn't see the SP move closer to the offer price, had me wonder about what's going to happen shortly.

Good luck to all holders.