If anyone believes that this project will proceed without the current board, especially in these times,then I respectfully suggest you think again.
You not only have first class operational management and board, they are required to make this project come to fruition. Want people of this calibre then you must pay.
Let us not also forget they have already placed significant personal funds. Today I have also again placed a tidy sum, for me anyway.
Excellent post by the way, and Westcott I could not agree more.
Think where SDL would be now if not for this market with what they have achieved to date. This is real, not some pie in the sky vision of hope. For me this is definately a Buffet stock relative to current achievements, management, future prospects and potential for significant LT returns on equity.
I could be wrong though and may do my $$, however I think not.
SDL Price at posting:
9.2¢ Sentiment: LT Buy Disclosure: Held