Why would it get destroyed further????
Hanlongs major stake was purchased at 40.5, did you think they paid more than what SDL was worth at the time and then thought they would manipulate the price and sell their whole stake out and make a substantial profit as simple as that? I dont think so. The insider trading and share price maniplation to me shows just how desperate the Chinese want this company and thought they would have to go to extreme measures to secure it and as a result havent played ona level playing field.
With the ASIC investigation now it will cause all the other players/manipulators of the stock to be more cautious now so give it a few days and watch the true value of the company start to show in its share price.
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