SDL sundance resources limited

today's west australian, page-51

  1. 1,975 Posts.
    lightbulb Created with Sketch. 11
    "can people stop valuing the company as if it is 2016...

    companies are not going to buy something for more than it is worth... yes the chinese will make money out of the deal, but its going to cost them a mountain of capital and years of hard work...

    many people here doubled their money in a month...
    "
    What a ridiculous statement.
    So what if people have doubled their money in a month. They also lost value in the months before that.
    I am sitting on profit on more than double. Does that mean I should sell to the first company that sees the value I have seen?

    Companies WILL pay for something more than its worth on todays value when they see value for themselves in the future.

    Ive got my money where my mouth is and expect GJ will reward holders with a much better return than 50c one way or another.


 
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