next stop 7-8 cents?, page-9

This was my biggest fear.

Unfortunately many here had either unrealistic expectations of what SDL was worth in the current environment or were too inexperienced as to the ramifications of a failed corporate takeover. That's why even though I doubted Hanlong's ability to close the deal, I always hoped that I was wrong as I firmly believed that the 45c was in the best interests of shareholders.

I do admit that this was a short term view but even if you have a long term view, now that we are at 9.5c we are in limbo. We can't do a cap raising and any new takeover I expect to be materially lower than 45c. Some analysts are suggesting that SDL simply sell their main asset because without any funding the stock could go to zero. I don't know if this is true or not but I think our best hope is that there are at least 2 parties out there who want the resource and are willing to bid against each other to achieve the highest price as possible.