Fair response Westcott and I retract my poor and selfish comment.
While I don't think 50c is a fair takeover price either, what you must realise is that there is a chance that Hanlong may be in a position to back SDL into a corner, and if this is the case, the board may be forced to reccommend accepting a takeover offer, even if they don't want too.
So if the board are backed into a corner, they could be given an ultimatum to either accept their low offer, or risk losing everything as China could have already cut a deal with Cameroon and the Chinese shortlisted parties.
If the above was the case, how can you possibly be dirty on the board?
- Forums
- ASX - By Stock
- SDL
- new target
new target, page-24
-
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online