I don't believe the company and mr new hanlong can comment further on the so called 'embarrassment' from the suspected insider trading allegation.
ASIC have not laid charges. They have said they are investigating. SDL and Hanlong are not going to put anyone in deeper mud by commenting further on it.
They may say something like "talks are continuing and progressing well" but really what is the point of this? Unless a deal is done or walked away from, there should not be the need to comment further.
Get used to the silence and/or very general comments until something concrete emerges. Patience is a virtue.
SDL Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held