Hi Westcott and Lion,
Just wondering, why would not an option be sold to the holders for say 0.005 each exercisable at 4.5c in 3 instalments say in May 2016 for 1/3 in May 2017 for 1/3 and May 2018 at 1/3. Each shareholder to get one option for one share for the above price. Assuming that all shareholders exercise right to buy option they collect 20 mil and no dilution of any shareholders? In addition if all options are exercised at 4.5c each SDL finishes with approx. $180mil. I think we should propose this at the on coming shareholder AGM and if necessary push this one onto them. SDL will decrease its vulnerability and have more power to negotiate. It can also take out Hanglong for 5 mil and dent some of the other dilution positions. You watch the price of shares go up immediately. Even if you hold say 5mil of shares that will only cost you $25k but it would be worth investing to prop and strengthen the company.
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Hi Westcott and Lion, Just wondering, why would not an option be...
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