.....His well known NO to Hanlong 45 and constant upbeat postings....
Donedeal, you are wrong and will be PROVEN wrong.
Absolutely...A No vote to HL (a non final offer) was the right thing to do IMO.
If it was a final offer in the absence of a superior offer (I would probably abstain as I would have got the same money...perhaps later by a couple of days).
As I maintain, China is re-bidding for the asset.
ONLY (and ONLY if) anyone who has sold out (perhaps in fear) are the losers and I feel sorry for them.
If the final consideration payable to share holder as per the tender process (which I believ could even result in a 100% asset sale) is realized to be less than 45c, then you can say they are worse off.
UNTIL and until the Sundance tender is finalized, you are not in a position to judge.
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