This takeover was always about a game of attrition. The tactic...

This takeover was always about a game of attrition. The tactic of Hanlong and its affiliates was to exhaust the long-term shareholders through delay, uncertainty, price manipulation, false rumours. In otherwords, to drive the shareholders into submission. We now have volume at low levels, and HC posts at low levels. It has been psychological warfare.

But, the one thing that we have seen with SDL, and I have seen over many years of investing, is that when everything is calm, you have to expect the unexpected...