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article in bloomberg, page-67

  1. 2,196 Posts.
    Wow it was your perception that is important. All I can add is that it was 18mths ago and lets hope their sentiment is the same. What I have been viewing watching the news and business chanels is that China is starting to tighten their monetary policies in order to avoid inflationary pressures and a ever present property bubble.

    ASX performance, which has been lacking most internantional stock exchanges, is reliant on China.It is what helped us through GFC but will be our downfall if it turns.It's sort of like their boom was during the GFC the and the bubble must be avoided.Any tightening on monetary policy will severely affect SDL and our economy more than most in the western world.I just get a sneaky feeling they not as readily going to fork out money as they were 1-2 years ago.We have the advantage of the positive outlook for China in that securing their own IO is paramount to them moving foward economically, but at what price is the question right now!

    It is this question of China's short term prospects that is also affecting SDL SP performance, imo, and the concerns how their share market is very dubious atm.

    More food for thought from the night time crew-lol!
 
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