low down chinese tactics self-defeating

There seems to be a pattern where the Chinese (the PRC has $US 3.18 trillions in reserves, that's 3,000 billion dollars) have bungled badly acquisitions of strategically important IO resources by building a stake, destroying the sp of target companies trashing shareholders and then come around with low ball bids but then suffer the consequences of getting stuck. The same is true of SDL even if the Han Long dongs weren't caught doing insider trading.

In screwing us minority shareholders, they end up losing their grasp of (or getting badly snagged in securing) the single most strategically important commodity to China's economic growth.

If they offered FRS a decent cash offer instead of another low ball toilet paper scrip deal, the PRC (aka WNI) will now have enough critical mass to have enough port capacity to build it's own railway and rob the Pilbara for many decades.

The Chinese tactics and ethics (lack of) is despicable.