Looks like we've had a T/A swing but we're running out of cash. Hoping for a private placement and perhaps a 5:1 rights issue - SDL is likely to be diluted within 3 months, but we'll see. Vol. worried me today - for little gain. If any placement is a goer without any corp. action, it's unlikely that it'll be below 6.8c IMO. HIgh risk spec with an enormous d/t following. White knight maybe, but the hat will be passed around soon enough I feel. AGM resolutions will be of note.
Luck to all who have suffered so much on this one.
SDL Price at posting:
7.7¢ Sentiment: None Disclosure: Held
