Hi all, I do not want any take over of SDL & the 50c bid is an absolute joke. SDL have spent will in excess of $100 million dollars so far in exploration & other project costs. That expenditure will mean nothing in the end for the long term holders. But if it did happen, does anyone know what happens the $60-80 million dollars that we have in the bank? Would the takeover company get the money in the bank as well? That equates to a couple of cents per share in itself. Hopefully the takeover scenario does not play out & SDL can get this up & running. I've been in this stock since the St Francis days & I have to say, these are very nervous times because none of us want to be railroaded because we know what the bigger picture is from a share price perspective & having the first mover advantage would add further to the prosperity of this company. Quarterly should be out in the next couple of days but will not ease any of the tension that we have at the moment. Good luck to all & SDL! Shinboner
SDL Price at posting:
52.0¢ Sentiment: None Disclosure: Held