Actually SDL is sitting on a great asset. No, not the litigation cases. Yes, 107 million shares in ANS. They will be worth $20m+, even if the SDL Board has chosen to write this shareholding down to $Nil in its financial statements. Interestingly the Board of SDL doesn't really believe the ANS shares are worthless as they always refuse all offers from others to buy them!
ANS Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held