GJ wanted SDL because he is smart. He knows the value and what it would have achieved. He takes a banker/investors view, not a traders view.
As I said just be thankful he is strongly at the helm of GBG. The erroneous view of the market should not be a judge of GJ, that would be more erroneous than listening to "them"...being the market.
"Short term the market is a voting machine, long term it is a weighing machine." The market has voted on SDL and GJ's positive view of the arrangement. Now it will be weighed as will GJ once again. He is no stranger to this place, that is why he is a multi millionaire and others emulate to be so.
Populist opinion (voting) short term has proven to be flawed time and time again. This is no exception.
GBG will be a monster and you will all make a motza IMO. A monster I am glad to be on as I will be SDL once again.
Cheers
From a wise old Dhufish ;)
Take it or leave it, makes no matter to me, I have weighed up the machine.
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