I personally cant see it being a major negative for the SP if we get no announcement before the 31st. I was never convinced of the date but was optimistic and py's enthusiasm gave me hope. This date has been speculated by members on here (with some valid reasons), and while collectively we would own a fair few shares I would be surprised if the large buying seen over the past few months was influenced by speculation made on here.
The share price was trending up nicely and reached a high of .185 in early June, almost a month before GJ announced he was standing down so I am at a loss as to why it would go back to 10c if there were no announcement in the next few days. Currently it is consolidating before its next leg up. See robbbbbbbs chart for better explanation.
I know I have waffled a bit but my main point is that I believe the big buying has been in anticipation of a company making announcemet, whether that be in the next few days or the next month or three and that the trend is currently heading up, with repeating ranges (as seen in robbbbbbbb's chart) and so I cant see a SP of 10c
SDL Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
