I don;t know how long you have been in SDL. However a lot of investors have been in the market before GFC and we went through a roller coaster ride during this time. In actual fact, I am not surprise if the average buy price by investor SDL is greater than 40 cents. So Fridays close at 43 cents already reflect in 50 cents offer by Hanlong. 7 cents premium would not make much of a difference. Also if you have a look around at other company's, there are many companies that has offer on the table at higher price than the current SP.
IMO I think a lot of shareholders will take this opportunity to sell down on SDL to either reduce their risk or invest in other shares which has a higher upside. With this market turmoil, I don;t think we should take huge exposure to speculative shares for a long period of time, unless you see a huge upside.
SDL Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held