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0.00% 0.6¢ sundance resources limited

annoucement, page-10

  1. nectar38
    2,622 Posts.
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    27/04/11
    09:26
    Post #: 8314522
    Hey SPC75

    You are onto something here!

    "just to clarify, it is:

    SUNDANCE ENTERS PLACEMENT AGREEMENT TO RAISE A$60M FROM INTERNATIONAL INSTITUTIONAL INVESTORS"

    Now Sundance has more large institutional investors, with deep pockets on board.

    When the TA do improve when the Finance and Offtakes are announced, it is the significant inflow of funds from these large instos that will lift the share price!

    Cheers Nectar
    SDL Price at posting: 43.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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