unofficial bids - sundance board, page-36

He can't.

Firstly, any counter proposal(s) - there may be multiples are not mature enough.

Secondly, this is precisely IMO (and I have saying for a while) what China is trying to achieved by hiding Liu and let the HanLong deal falls through. GLENCORE merger greenlight may be the trigger (IN TURN FOR A SP REBOUND).

Seriously, if China is not dead set committed to acquiring SDL, HL would have dumped it's stake long ago.

I am curious who has been buying. Obviously (China and non-china interest) would be using many proxies to avoid ASX reporting.