SDL sundance resources limited

Suspension lifting price..., page-5

  1. 4,328 Posts.
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    First resistance level is around 1.2c chart wise.

    But what's interesting is before the Hanlong deal fell over and all the potential was priced in the stock SDL had a MC of $1,044,517,734 based on below:

    Shares on issue 3,072,110,985 units, share price as at 29/01/2013 34c

    So with all the dilution we're currently standing around 20bill shares on issue (please correct me if anyone has a more accurate figure)

    This means we should work our way towards below price once the Cameroon approval is cleared.

    $1,044,517,734/20bill (units) = 5.2c

    But if we ever clear 11.7c again, there's alot of blue sky above that.

    https://hotcopper.com.au/data/attachments/2316/2316241-ff2b7af8458d3e6672f528e884289283.jpg
 
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