SDL should receive tomorrow being the 30th and a friday. Statutory requirement is 1 month (source http://www.asx.com.au/research/pdf/company_reporting_dates_2009.pdf )
If current price movements are an indication of what is to come i am not expecting much improvement on financing etc. Hopefully cash burn rate is not too high.
What are peoples comments on SDL being a takeover instead? Is this less feasible as the company who takes over must pay for the takeover costs (either assets or by shares) + funding for rail and port? What price targets if something were to eventuate would people expect?
Cheers
SDL Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held