What ever happens with SDL,takeover etc....Management dont appear to be in any hurry to resolve or progress the issue,this may be a tactic I dont know...this is also a sign to me that what ever Happens Hanlong is going to be substantiately involved in the future of SDL...
I would of been happy to hold this one to production, but if that is not possible, it would be a real shame to let it go for anything under a dollar...
FOR those long termers and or those sitting on big profits, If the offer is only likely to settle at 60cents, then is it worth risking those big profits for a further 20%...when the offer of 50cents could be pulled at anytime or the impact of global economic conditions drop the SP
Since the takeover offer SDL has been a bit of a safe haven for investors, so if we can finish today on 50cents plus it will be a good day...
SDL Price at posting:
50.5¢ Sentiment: LT Buy Disclosure: Held
