SDL sundance resources limited

fascinating chart-where to from here, page-340

  1. 2,196 Posts.
    Evening folks!

    I guess we've been able to get a glimpse of whose been selling.

    Nothing to distract me from these volumes. The lack of strength to the downside has been shown after the Noble announcement. If it pushes lower will be snapped up by those trading the range.

    Volumes are not significant.Huge strength in the background. I am still bullish after reassessing on bailing on Noble outcome shock.

    This imo, will trade in the range, and regardless of your beliefs,imo, the upside chance outweighs the downside.

    Next week is another chapter, weakness will be accumulated, SDL will achieve something satisfactory to bring the SP to a MUCH more respectable level by mid next year,imo.

    They have the intellectual property, the right IO price, and enough current activity in the region to force some hands, imo, to give SDL'ers a nice christmas present.

    Good luck holders I get the feeling SDL will return to the top of HC discussions, yet again. What a fascinating Australian mining story.
 
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