Tell me...if you were an advisor to Hanlong....and they had $1.3b in their pockets to secure SDL......but nothing left at all to develop it....would you advise them to proceed, or withdrawal their offer?
This whole takeover was conditional
On funding On approvals On conventions Etc etc..
This deal will not complete until they have the extra funding and internal deals done...period...
So we can all jump up n down....but we should all endeavour to support our board whom I am sure, along with Hanlong are working hard with Chinese authorites to secure and lock down everything necessary.
SDL Price at posting:
34.0¢ Sentiment: None Disclosure: Held