It also depends on how "undervalued" you thought SDL was before this announcement.
If it had 35% more shares on issue would you still have held and thought it had a very bright future?
35% on top of an SP of 74c would still have only taken the price to $1.00, many pundits thought it could reach that comfortably this year!!
The benefits this merger delivers in terms of shared costs of development of infrastructure, finance etc are huge!!
Now we wait for the JORC to see just what happens to the resourse size, particularly with the hermatite!!
Cheers
Cabe
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