SDL 0.00% 0.6¢ sundance resources limited

november drilling, page-24

  1. wpa
    934 Posts.
    SP has been sold down to 15.5c on 24mill volume. It can be bought back up to 18c with the same 24mill volume.

    SP has been pretty boring last couple of weeks so I am guessing someone is giving it a wake up call or a spring clean out.

    To me it looks like it is being played with to keep it dropping and to scare some people into selling. Parcels of less than 1000, often less than 100 being put on market constantly. This is not lot's of individual sellers, there is just 1 or very few and he/she/they are having some fun today.

    For me SDL is a hold stock, it can be manipulated very easily to get SP to where someone wants it to be.

    The good news is that I don't think we are looking for a capital raising anytime soon.

    My prediction - it will be back to 17-18 soon and it will get there very quickly.


 
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