Hi Pipiman, hope so. The trading was pretty good today. The weakness late afternoon was low volume and maybe a few nervous players. Hard to keep steady on a 72 point drop, but it did. On a green day, .30 may have held without too much problem.
I think the market has priced in "deal failure" to a large extent now. Given we have Cameroon convention, Congo Permit and resource upgrade together with POSCO MOU in Cameroon, things are a lot rosier for us.
I still expect a gap close to the .345 trendline slope next week or so.
SDL Price at posting:
29.0¢ Sentiment: ST Buy Disclosure: Held
