Yuyu, as much as I hope you are right, I dont think it is the case.
If SDL were that close to securing a deal, they wouldnt have called for funding from shareholders.
I would say that the recent increase is a direct result of the meeting and announcements over the past couple of days, combined with traders trying to pump the stock up for a quick profit on the back of it.
There will be quite a few people recieve an allotment of shares shortly, which they purchased at 8c. I would imagine that as soon as these shares become available to them, there will be some locking in the profit and selling out.
SDL Price at posting:
11.0¢ Sentiment: None Disclosure: Held