SDL 0.00% 0.6¢ sundance resources limited

could trading halt be imminent ?, page-11

  1. 406 Posts.
    Andres, I know people are hurting from jumping in at a much higher price, and one of my mates, who was a hotcopper fan years ago used to show me your charts back them every time I passed his desk.

    But getting in at 7 cents is a lot better than 40 or 50, even 60 don't you think?

    Back in 2010 when the plane crash wiped out most of the board of SDL, those very dark days when I first met GJ, the sp was 13 cents and may have briefly dropped to 11 cents before steadily climbing to its high of 66.5 cents some four months later.

    Resource is much bigger today, mining conventions have been issued - that is huge - negotiations are underway to get rail and port and iron ore prices are still very high and expected to reman high for the foreseeable future.

    So much more going for Sundance today than 3 years ago and yet you can buy for less than the low in the dark days following the plane crash and no one knowing if Sundance would survive.

    If the sp is worth at least double the amount is was worth back then I will go heave.

    I will be very happy if the sp get to 35 cents, but for all those who bought at much higher prices I hope it gets back to its all time high.

    The high in the past 12 months was 40 cents, the low 6.4. I'm hoping we see a new 12 month high quite soon.

    Cheers J
 
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