I hope they don't say anything and use their time more constructively to actually complete "additional" tangible outcomes. Today's market action indicates that the market don't believe the Board and why should it, reiterated in presentation after presentation on paper and verbally was the assurance that this announcement would be funded!!!! - page 16 of 3 June 2014 presentation said it again. Market says "fool me once shame on you, fool me 6 times shame on me" I hold a different view - that champagne will be drunk in Beijing tonight savouring the saved $3.5B Capex and SDL stays a market plaything for at least 6 months, subject to all the short term macro negativity of Europe and IO prices.
SDL Price at posting:
8.7¢ Sentiment: LT Buy Disclosure: Held
