Baukaw asked me for plan B...i didn't give him one.
I"ll do this instead....
whatever mngt is negotiating right now with hanlong the response must be unequivocal ....this is the VERY LAST DELAY. Tell your masters -NDRC CDB in 6 weeks if no term sheet the deal is OFF.....
very simple .....enough bull turd.
the chinese wan't this plain and simple ....25% discounted price to original offer, lowest cost off production blah blah blah......however they've been give too much leeway.......don't need to give anymore......c'mon sdl MNGT FINAL ULTIMATUM......
SDL Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held