Han Long decided to lob this hand grenade after the hedge funds exposed it's weakness and China's eagerness to grab the loot as per Oneil's posting. It's an escalation of tension amid negotiations going badly.
Problem is the Chinese are not negotiating in good faith.
The dropping of the 50 cents to 40 cents (deliberately as a unsustantiated rumour) reminiscent of a child with a bad case of tantrum.
It's not in keeping with a proud nation as China trying to screw an Australian company and Aussie shareholders for so little yet for so much benefit to them.
Shameful really.
SDL Price at posting:
33.5¢ Sentiment: None Disclosure: Held
