Also can't help but notice the emphasis from RCI that the proposal is not an offer and cannot be put to shareholders as such. I still have a nagging feeling that there may be a Chinese counter offer when it comes to the crunch. If it does all go pear shaped there should be a royal commission into the farce and Mr.Wu should be the star witness if he can be found or if he is "well enough". RCI surely have the right to deny the extension and place the burner back under Jindals clacker. There are a lot of option holders that should receive better consideration than allowing this obvious delaying ploy!
RCI Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held