I always keep sdl in my watch list but don't know the full story. I read the announcement, it seems after the big drop today, the price is a bargain compare to the 0.45 offer, almost like a term deposit with big defined interest.
I did a bit of research from baidu, Henglong is a big group in commodity area, the owner is one of the biggest gangster in Sichuan with good public relation after the earthquake 2008.
So why are people so frustrated and what is the uncertainty here? I bought a small parcel today, would like to hear any opinion here....
SDL Price at posting:
32.5¢ Sentiment: ST Buy Disclosure: Held
