most of the major health stocks have had enormous gains.
we also know how the the $A and the price of silver affect SDI’s share price, and yet SDI has made just modest gains
For instance in January 2014 when the $A was at 88c. And silver was at a level much higher than its current price SDI was trading @ 78c.
Today the $A is down to 80.6c., silver @ $US16.o8, and yet is still down at 62c – but not for much longer i think
On this comparison 85c. would have to be a minimal expectation !
our much lower currency and the plunge in the price of the companies basic ingredient – silver,are going to lead to an enormous gain in the 2015 fy. profits .... ... i think its likely that SDI will give some indication of their increased profits later this month prior to the hy report.
Meanwhile today there was some interest with the SP back up to 62c. and some increased volume ..
Cheers ... gk
SDI Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
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