Surprisingly, the buyside at 0.008 became stronger after the announcement of the conversion of Senrigan convertible notes at 2.18 pm.
Is it a good sign that good news may be coming soon? or there is "something" that we do not know.
Fact: CDB + Nobel + Senrigan presently own around 22.7 % of SDL compared to 20.6 % held by Porter.
Porter was appointed as the Chairman of the board after becoming the largest shareholder.
Ann: Appendix 3B - Conversion of Convertible Notes, page-5
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