5 per cent of 7 billion shares is 350 million. The threshold is 350 million. It one investor only bought less than 350 million, there is no substantial holder notice.
It is less likely that somebody has been playing "buy" and "sell" game. It is too naive for someone to do it without notice. We are talking about over 900 million shares traded (including CHI X) in the last six days trading. Please note that Mr Porter only sold 100 million in order to pay off convertible notes which is issued to him.
SDL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held