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"If the company was doomed, why would they be buying more shares...

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Hotazel

3,444 Posts.

138

15/05/15

13:01

Post #: 15287606
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Originally posted by qball ↑

Yep, interesting development. Certainly didn't see this one coming. Hard to see how it could be anything but good. If the company was doomed, why would they be buying more shares to get a board seat? What does this mean in terms of China's role now? Raises lots of questions. Surprised it hasn't done much to the SP or volume traded.

For mine, all these left field announcements are positive. I'm not selling, because if by some miracle some sort of funding is found and the SP spikes accordingly, I'd never be able to reconcile with myself holding so long through all the dark days to then miss the good ones. Could well be the wrong call. Each to their own.

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"If the company was doomed, why would they be buying more shares to get a board seat?"
That's the $3.5BIL question.

SDL Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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