Stelep ,it did affect SDL ,but only when they were 12c :)
When they were at those levels ,the same people would have been pushing the same reasons as to why the share price wouldnt move .
Then ,all of a sudden ,it doesnt count any more. Someone didnt care about all of those issues and bought up big ,how dumb are they . Someone better tell them before they blow anymore money ,dont they know how many shares on issue ? LOL
This is proof that all of these ridiculous reasons posters give for underperformance is just hot air .
Most cant be told ,and keep regurgitating these old wives tales .
The recipients of cheap share issues are still distributing them and taking their profit .It is just that simple .
And nearly all of them are doing it ,not just one of them .Thats how they make their money .We could all do the same if we had an endless supply of heavily discounted shares .
The answer is to simply wait until they are exhausted .
The SP level is now getting to the stage where the profits are looking thin for the sophies ,so hang in there .
CCC will do exactly what eveyone knows will happen ,we just dont know exactly when .
CCC Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held