buyers are definitely gaining confidence as evidenced by the increase in share price and the number of buyers coming in, and I think it maybe due to the following.
last year the company provided a trading update on 31/7/20012 prior to its end of year financial report in late august.
as i have previously mentioned I believe that the sharp reversals in the price of silver, and in the exchange rate for the $A since the early feb. forcast should create sufficient difference in profit for H2 than that forcast, to warrant an announcement. and even if its only a smaller increase on that forcast i am sure management will not miss an opportunity to say something.
so any way a strong probability of some good news in the next 2-3 weeks.
GK.
SDI Price at posting:
56.0¢ Sentiment: ST Buy Disclosure: Held
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