SDL 0.00% 0.6¢ sundance resources limited

why so surprised of a counter-bid ??, page-2

  1. 104 Posts.
    If wasn't because of the European debt issues... There will be more bidders .. No doubt Sdl is next big thing in iron ore industry. Shanghai index stayed below 2000for a few trading days ... Chinese appetite for investment has significant reduced and became more cautious towards every deal.. Hanlong is also located in chengdu.. Part of Sichuan province where was governed by Po Xi Lai. Po has been arrested and prisoned for plotting riot and starting second cultural revolution in china... Now the leadship changed, I am not saying it has anything to do with the delay...but can be contributing factors... If the second bidder ever surface, there will be more delay and more trading halt... I don't think it is wise to wait for so long for a additional 5 percent return... So not interested in counter bidder... I think the only winner will be hanlong... Either way they played it to the beat...
 
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