Happy Australian day.. It is the good timing to get SCE report before market open tomorrow. Last time, We got SCE report and target prices was 77c since then SDL run up to 66.5 highest before retraced. Now, target prices is 81c and buy rating. All the details in SCE report was very promising and encouraging for the investors to decide to jump in. SCE said it is still one of the cheapest stock very potential and undervalued. According to the production rate 35mils a year SDL will be the 4 position BHP,RIO and FMG> How wonderful! Definitely, SDL will run again from tomorrow. Shorters will close out their remaining portion of their short position tomorrow before SP will go to North again. Anytime, we can hear announcement now. I am still holding truck load of volumes with SDL part of my portfolio as a long term. Good luck to all..
SDL Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held