I may be a buyer of SDL in the coming months ... we will see.
If a cap raise comes and the SP gets smashed then I'm a buyer. I do feel that some sort of deal will be done with a suitor but relatively speaking I dont think it will be a good result for most shareholders. Maybe around 12-15c IMO.
having said the above, if I end up buying in at (say) 5c after a crash following cash raise and then sell out at 12-15c post deal then I'm happy.
If I miss out then I dont really care. SDL has next to no leverage in this process and I think its the suitors who hold all the cards.
SDL Price at posting:
7.1¢ Sentiment: None Disclosure: Not Held