SDV 3.33% 58.0¢ scidev ltd

i am out.. just too risky now

  1. 521 Posts.
    Any deal that may have been in the offing is probably seriously jeopardised now with the current investment climate.

    If any deal is pending and it really is that significant then it would be already baked into the price now. Best case scenerio is a small rise in price on announcement followed by a quick retrace (based on the fact that with so many parties apparently involved word would have to be out and people taken any positions already). Worst case scenario is a collapse into oblivion.

    Right now I am happy to get out with a very small profit rather than risk losing all my money. It could be a good announcement but from a risk return perspective, in the current market the odds are stacked against INL.
 
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