Now dont get your knickers in a knot; 1 Its my main share holding,its easily WORTH $4-5 ,thus I am not downramping
2 It has been held back /manipulated what ever you wish to call it over the last 18months
3 Hanlong has 19%...3% BOUGHT in a few days prior to the Talbot purchase.These Chinese companies do not act as individuals,so we can assume there will be 5-10 other Chinese companies just under the 5% limit 4 Our Chinese offtake/financer will end up with 30% ,at that stage a FULL TAKEOVER bid will emerge......at this stage our Chinese friends will have about 60% of the stock.The full takeover will have cost about $3 billion...equal to 18 months profit.
I hope this is not the agender but my gut tells me it is,ie thats 40 years of gut trading
SDL Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held