Matt, G'day. Like to do a bit game thoery stuff with you, based on the fact that an update from GJ will be delivered on 29 April is a certainty.
Let us list the following possibilities to shareholders, if you may agree:
(1) Bad news (destructive) (2) Neutral (no progress and therefore somehow bad) (3) Good news (a small step ahead) (4) Very good news (milestone/s achieved) (5) Excellent news (major risks are gone)
Goven the SDL's 'enthusiasm' to invite people to the 29 April event, (1) and (2) can be ruled outd. (5) is impossible and should be ruled out because otherwise inside information would flow around already. The only choices are (2),(3) and (4).
GJ is not just a CEO for SDL. He is a public speaker with enormous reputation in WA for doing public good. What he likes to take from the 29 April event is more than just to give SDL shareholders something. He is eager to demonstrate to his contemporaries that he has done admirable things. By this, something should be above (3), and possiblely (3)+ or (4)-.
Have a nice weekend
SDL Price at posting:
9.5¢ Sentiment: None Disclosure: Not Held
