Well put Andres (and Donedeal), although you are wasting your time with most on here, as they had already planed their retirement and spent their "millions".
These dreamers will cry "But George Jones said it would be a JV, George Jones said he was in discussions with other parties". Boo Bloody Hoo!!!
What did they want George to do, come out and say "We have nothing, we are absolutely desperate and will take whatever offer Hanlong throw at us"?
Had he of taken this approach, Hanlong wouldn't have even made an offer of 57c. The would have made a much lesser offer, or even waited for SDL to run out of cash or the Cameroon Government to start placing some pressure on them.
Then you get these pretenders that will say "Yeah, well maybe you would think differently if you bought in at 60c or higher". Yeah, well whose fault is that???
Anyone who has an average price of 60c or higher and is complaining about it, is a mug in my book. They have either been holding for 5 years and didn't take the opportunity to average down when the share price got as low as 8c, or they got sucked in on the hype, and bought in at the top.
Either way, it was their decision to buy high and they have got no one else to blame but themselves, although they will never admit it, because it is always someone else's fault.
SDL Price at posting:
43.0¢ Sentiment: None Disclosure: Held
