The sad reality for us shareholders, at least in the medium term and in the absence of any good news, is that SDL is going to be traded on the ASX as a high volume turn over $margin stock.
With over 3 billions shares on issue we are now very vulnerable to this type buying/selling.
The number of shares were tightly held before the Hanlong deal fell over. Not any more sadly!!
Bring on the JV. The sooner the better.
SDL Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held