I would appear there is now some fears of a 45c +...

I would appear there is now some fears of a 45c + transacation.

IMO, the Chinese don't want to withold the term sheet.

They want to wrap things up ASAP.

An 11th hour development has forced the Chinese to re-position (as a response).

The suspension and indefinite deferral of a vote is significant. It means there are negotiations happening.

This can either be a few possibilities: I entertain 2.

1) Counter

2) Board privately (together with hedge funds) renege on the accetance of 45 cents - knowing the Chinese will blink first.