Very soon SDL the company will be contacting large holding share holders and asking if they like to sell off market. This deal has to be completed by June 2020 they will be buying as many as possible before the take over bid. Singapore-bassed Marys Capital investments is a partner of this project, the project will need approval from both Australian and Chines authorities .Companies with holdings in SDL are Marys Capital Investments, D&E shaw, Seringan, Noble Resources, Blackstone and Wajin also strategic partners are China Railway construction Company CRCC, Shenzhen Yantian Port, Steelmaker Baowu and stainless steel produces Tsingshan. Strategic partners putting 30% of equity for project and 70% their banks.
If this thing gets going could be very big. They may buy All small share holders out First. Good luck to all.
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