I concede that these notice are issued when the company moves above or below the 5% threshhold, so it could be more about "show" than anything else. I suggest it is.
But it is interesting to note that DB AND UBS are below 5% at the moment. And have been for a fortnight or so.
I am long SDL.
Make your own judgement.
HB
SDL Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held