Myself and Sid have posted a few times over the last few months about the BOT trading SDL stock (normally buying).
Today we find out that a US company The Capital Group Companies have been buying between Aug & Dec and now have a 5.43% stake in SDL.
I see that this is positive news that an overseas firm believes there is a positive short/med/long term outlook to invest many millions into SDL over a 5 month period.
They have also invested prior to new drilling results, and also prior to the partnership/JV being in place.
I doubt any firm would invest millions of dollars if they didn't have confidence in SDLs future.
Butchy.
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