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clock Created with Sketch. 04/12/14
14:35
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Originally posted by nine lives
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qball, ultimately we can blame no one but ourselves. As things stood, the market cap of SDL was already languishing. As you well know this presented problems in regards to dilution when it came to raising the funds that would keep the doors open and the ground work ticking over until capex could be raised. George Jones and co were caught between a rock and a hard place. What else would expect them to do except to go full tilt at selling the story?? They can hardly say to shareholders "I think we're stuffed" and then turn around and ask financiers for 5 billion dollars. It had to be all or nothing. Anyway, this type of "selling the story" is typical. All companies do it. Would you have been upset if a large institution had bought into the story and drove the SP to 20c?? I don't think you would have.
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maybe just maybe its time to buy them all back at these levels 9 l....imo this would have to be
