Although the CR does give the impression the timelines have been pushed out there has been no public statements that the securing of the strategic partner has been changed from the end of June and final investment decision by end of third quarter.I am still expecting a partner announcement by then until management officially tell us otherwise.
Which makes whats happening a mystery to me also.Those who have sold recently will either be astute of foolish.
It has crossed my mind now that the risks of not securing a partner are greater than hopping back in after the announcement and missing a few points on the way up.The SP has been allowed to sink so far now that this will be crossing a lot of peoples mind.What SP price if no partner secured by timeline, imo sub 20c.
Still I will continue to back management and hold.
SDL Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held