I speculate that HanLong is deep in faeces and China knows it. If China cooperates, former managing director Steven Xiao - who has absconded to China will be on a plane to Sydney within 24 hours.
Fan Zhang's account is very damning towards HanLong's senior management. Seems like the scam was being run from the top. Unfortunately, China just can't say they were ex-employees and wipe their hands clean.
6 months asset preservation and travel restriction applied by ASIC gives a hint about the wait.
I think the Africans (are getting really desperate and applying pressure on SDL and China to find a solution) to find another suitor. Perhaps that why they are all over there at the moment.
The greed of several over a few million bucks will now cost the motherland billions.
SDL Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held