Sundance, you do understand rhetorical questions dont you?
And doh, maybe the SP ran to .12 because that is where the deal was struck and the VWAP then matched accordingly. Perhaps SDL said no, no deal at .07 but we will entertain .12.
This isnt Yes team versus "retail muppets" as you refer to. Your labels.
It is trying to find a reasonable investment opportunity which is realistic and achievable. It should be hoorah for mindless spruiking or boo for those who more modest gains. I am not knocking GJ or GC and fundamentally yes, it is a great resource.
the Us versus Them seem to be created by those who only want the rose coloured glass perspective.
SDL Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held