Hi! Frank
Sometimes, there are too many reasons SP did not fly even after Positive news on ASX such as Instos behind, manipulation, bad story was happened to that company in the past.
IMO, SDL got bad reputation in investor's memo relating to Chinese - Hanlong bid. Too much problems SDL faced in past 2 years. Insider trading, manipulation, delay, never met the dead line, over promises and under deliver due to SDL engaged to these dishonest Chinese gang. over 2 years, SDL wasted the good time. a lot of people lost the life saving because of that.. so, I believe there are still cautious in investors mind, is this real or as same as Chinese deal. I believe a lot of people are sitting on the fence. But, As I posted before, today SDL is totally different if compare with last 2 years. No more Chinese involved, In Africa, 2 African Governments signed and back , African bank, European builder and African workers will build this Green field project in the near future. I believe this is real deal. As George Jones mentioned before his Real Christmas is on the way now. If you are a believer, it is time to consider to jump in instead of sitting on the fence. anyhow, no advice, it is my opinion only.
Good luck Sundancers.
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