its great news from GJ last week that the field ( or maybe it was only ever 2) has been narrowed and close to selection. Will be good to see SDL get some news over coming 3- 6 months...certainly a fun trade...as soon ans GJ speaks...traders jumped on...been good last week to a few of us
i also think that vals 30c are crazy...will be lucky to get past 20c I would think...but 20c is still 100% from here...not bad..no im not downramping..
I would think if the deal was going to be so good as everyone here is already banking and frothing over...the stock would be pricing in alot more..its not..markets are usually right...its still 10c
China are worried??...they still the end buyer of the stuff...and its coming from everywhere...they arent panicking..theres no obligation for China to do anything near the winner takes all 57c etc as some scream..thats history....stocks 10c...and plenty of stock there
Whilst many say no way CHina for our SDL etc etc...thats a silly notion..Should be hoping whoever gives shareholders the best deal..If CHina offer a better deal than a Euporean group shareholders would be crazy to deamnd no China..They still are to this day...the only mob ever to show an interest in SDL...yes the 45c deal had dramas..but i dont think Hanlong came out of this unscathed either..
we should be hoping for a full takeover at 20 - 30c...unfort i think once news comes out...i think many who want the party will be disspointed...So many sellers and stale shareholders...and a 3-5yr build risk...cant see Instos diving in....Who's gunna be buying??...I would think overwhelming majority here wanna get money back and get out!
SDL Price at posting:
10.2¢ Sentiment: ST Buy Disclosure: Held