But our shareprice has headed backwards as the market is saying the deal will not get done or only a 10% chance, and that our other options are (given global conditions) narrowing. We are in a little way cornered.
NDRC to me is the most critical approval. It all but confirms a GO sign from China Authorities. But we wont trade at a realistic arb price as the market will still see financing risk...Mayb 40c.. Once CBD approval I think we high 40's to low 50's.
All i want is NDRC...and i think we are on the home straight...A cheque in NOv for all shareholders so the kids can see Santa coming down the chimney with a bigger sack then currently expecting.
SDL Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
