SDL 0.00% 0.6¢ sundance resources limited

costs/benefits of a$40mil convertible notes, page-9

  1. 6,816 Posts.
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    Another lesson in insto trading for all. Friday arvo pump was just that. It was hard to make sense of it - thought it was a dump set up for Monday but happened today rather than yesterday. Why? Because of the convertible note pricing.

    $1.66 - in two weeks anyone still buy that? How about .70 then? No? what about .40? Err no........ok, how about .20 1st quarter next year. Yeah, closer......

    We need to get real - the market is yelling it at us!

 
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