First resistance level is around 1.2c chart wise.
But what's interesting is before the Hanlong deal fell over and all the potential was priced in the stock SDL had a MC of $1,044,517,734 based on below:
Shares on issue 3,072,110,985 units, share price as at 29/01/2013 34c
So with all the dilution we're currently standing around 20bill shares on issue (please correct me if anyone has a more accurate figure)
This means we should work our way towards below price once the Cameroon approval is cleared.
$1,044,517,734/20bill (units) = 5.2c
But if we ever clear 11.7c again, there's alot of blue sky above that.
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