If they are part of ANS or the consultant (Sea Honour), they...

If they are part of ANS or the consultant (Sea Honour), they need to state clearly via ASX.

It is more likely that those sophisticated investors who invested $800K in SDL today may not associated with ANS or the consultant.

Undisclosed new investors who have no association with ANS and the consultant may be a good indicator for SDL shareholders and noteholders.

SDL only needs a reputable investor (a bidder) who has only $58 million (not 100 million) to submit a take over bid on 1 April 2010 to SDL board. If this deal could happen, SDL trading suspension could be lifted.

Of course, ANS shares suspension could be lifted also but ANS will be one of the passengers in the SDL Ship and not as the captain.