For CHN's 'national interest', letting a strategical company Hanlong to loose money is absurd logically. There must be a 'secret' deal going on on the back, though not yet clear.
The decline in share price should not be an issue to the 'Master' (behind) who really wants the SDL asset. For example, if a later takeover price is ~20% of 44 cents/share, Hanlong's loss would be easily compensated by the Master.
The Master's ideal game will not play well, only when SDL rejects a future takeover price below a critical value, around the percentage of Hanlong's share.
SDL Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
