The deal between ANS and SDL is likely to have a huge positive impact on the SDL share price.
Why?
Presently market value of equity of SDL (at 0.005) is below its book value of equity at 30 June 2017. On the other hand, market value of equity of ANS (at 0.017) is 35 times above its book value of equity at 30 June 2017.
The deal between ANS and SDL (if any) will boost investors' confidence in SDL therefore it may give a huge lift to SDL share price based on the above facts.
SDL board may need to learn from ANS how to increase the enterprise value of SDL.
Exciting to see what would happen on Wed, 19 Sep 2018. Hope there will be no longer suspension extension.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
