I am watching SDL with interest. The alignment of the planets seems to be occurring, however I am bemused by talk of a share price of $1.50.
The SP is now around $0.09-0.10. If I was interested in SDL I would be buying on-market today rather than waiting with anticipation for the golden opportunity to buy shares at $1.00.
The SP does impact a TO price. Do you really think that a company with a $0.09 SP would attract a TO bid of > $0.20. That is wishful thinking of the highest degree.
I think that some more + news flow could see $0.15 taken out (50% gain=positive) but talk of 3-4 bagger gains in 4-6 weeks is mad talk.
SDL Price at posting:
9.2¢ Sentiment: ST Buy Disclosure: Held