I wrote to SDL yesterday asking if they were aware of news or events which would spur a negative reaction to the share price? The replied -"The Company is not aware of any material news or events that would be the cause of a negative reaction to the share price. The attached Quarterly Report was just released to the ASX not more than four weeks ago, and provides a comprehensive summary of where things are at as well as expected timings for upcoming milestones - including finalising the port & rail EPC by the end of June Quarter. We are still on track with this."
I am comforted by the comment "We are still on track with this."
SDL Price at posting:
8.1¢ Sentiment: None Disclosure: Held