Many thanks to have provided a possible scenario what may come up. Maybe lots of people don't feel that way, frankly I never felt secure with what the management said. My insecurity stems from historical behaviour of the emanagement team. When, first time, the Hanlong deal fell off, the management felt little remose, instead just blaming the Hanlong side. There was Chinese media report which regarded SDL as having a intention of quick sale. (When one gave the buy side this intention, it attracted bargaining processes.) Then, the second time, diluting the SDL share during CR last time. Again little regret or sorry (to SHds) was shown, rather interpreting as a clever move.
Of course this time might be different. A tool man cannot alwayse blame poor tool for not doing a good job. The worry remains: once you are "on the back of the tiger, you cannot get off" - will keep doing the same thing. Information asymmetry is a real issue. Hope I am wrong!
SDL Price at posting:
9.3¢ Sentiment: None Disclosure: Not Held
