It's funny, almost 2 years ago in the midst of an IO boom (before SDL even needed to bring Noble on board) I was asked what value I would attribute to a corporate transaction at the time for the Mbalam-Nabeba project to which I thought $5 Billion was reasonable given the then prevailing valuations. I have been a laughing stock ever since. He He.....
That's was then and now is now. Things are not so rosy right now.
But if SDL does indeed pull through (I am somewhat heartened by the information in the quarterly and hope management can control costs even further), then I am still optimistic that the shares won't be worthless and the company will emerge from being terminal.
Those days were fun
SDL Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held