SDL 0.00% 0.6¢ sundance resources limited

announcement pre 31st august, page-21

  1. 1,107 Posts.
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    G'day Hangseng, what I meant by "This is not normal trading" was the fact that it was not your normal day to day trading of SDL, unless of course it revolves around an announcement.

    If you look back over the past 12 months, it comes in 10th on the list, as far as the highest amount of volume traded.

    If you base the list on dollars traded, it creeps even higher up the list.

    Pretty much all of the top trading days, revolved around an announcement in one form or another, and I see no reason why this should be any different.

    So when I say "This is not normal trading" it is not normal if there is no announcement pending. It is extremely normal however if there is an announcement pending.

    Taboon, the buy / sell side is a great indicator, as is the way that 20c just got gobbled up. The 20c barrier looked extremely solid, however it was gone within the blink of the eye. Someone would have to think that it was an orchestrated event. Earlier in the day, the main source gets in quietly for 6,500,000 shares, then in what appeared to be an orchestrated attack, the buying went mental in the last 10 minutes of trade. I do smell a rat, however as I am already a shareholder and happy with my holdings, I am happy for it to get the cheese.
 
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