Price suffers from the extra 'risk' taken on with the acquisition but I think the main part of the price drop is attributed to it being funded by extra debt rather funding it from existing shareholders (eg Rights issue etc).
SDA already have significant debt so I expect a lot are too nervous to stay in, particularly in the environment of potential rising interest rates.
Perhaps they should have forgone the div this time, to help fund it but only time will tell.
I'm staying in as I believe this is still a great business model & future.
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