..."A top executive from Hanlong Resources believed that the company's favorable offer, compelling promise and improvement in top management are the key factors for the Australian government to choose Hanlong Group. Hanlong Resources is a subsidiary of Hanlong Group responsible for the acquisition of mineral resources"....
What a load of Chinese poop. The Australian government didn't choose anybody. I suspect as the "implied" threat of a certain MTA which could otehrwise be purchased from Vale instead of say RIO, the FIRB then said they have NO objection to the takeover.
This is blatant deception, not only is the offer crap, the Australian government has no concern about the offer itself. That's SDL bpoard and share holders busines.
.."improvement in top management"..
They couldn't get any worse with the to Honcho doing a runner and still presumably experiencing high blod pressure bad enough to have not seen his wife and kids for almost a year.
SDL Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held