I sympathise with Westcott. If I voted no, it would not be in order to get another offer. It would be because I, as a long term SDL holder, believe in the long term value of the project, and I would want to be a part of it for many years to come. That was why I invested in the first place. Not even for a $1.00 offer, but because this project when it gets up would be a long term valuable asset.
However, this is not going to happen - for us. All we are holding out for now is a higher offer.
I will vote yes, but at the same time, hugely disappointed that it never got up for us as a running project.
Having had to change my outlook to very short term, I chose to add to my holdings over the last weeks, to make a quick short term 20% + profit. But that quick profit hoped for does not compensate for my disappointment in thinking about what could have been.
Peter
SDL Price at posting:
39.0¢ Sentiment: None Disclosure: Held