On a side note - this may just be speculation - but if anyone knows anything in relation to the progress of any takeover or JV, they are unlikely to buy into SDL before an official announcement, at least in huge volumes, in light of the whole insider trading debacle. Anyone would be stupid to buy into SDL using insider knowledge after what happened to the Hanlong directors. ASIC has provided a huge deterrant.
Let's hope SDL announces the progress soon.
SDL Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held