Hi Everyone, please understand that the Trustees are winding up the company. They do not have the appetite to be an investment company any more. They are exiting all. Everything is being sold. Check out all the press releases.
Their coy is worth $1 bill as it stands and I think that they want to clean it up asap. They must realise the assets to distribute. You never know, maybe some individual trustees (as opposed to the whole group) may want to reenter later.
It is not a vote of confidence for or against - it is liquidation.
What we should understand though is that on short notice, Hanlong jumped on it. What is interesting is that they already had 3%.
SDL Price at posting:
46.0¢ Sentiment: LT Buy Disclosure: Held
